Monday, August 17, 2009

GOLD KNOCKED LOWER TODAY, RETEST THE LOW TWICE AND RALLIES ABOVE THE DOWNTREND LINE


Gold pulls back to the white short term top line of the
downtrend channel just before the afternoon gold close.
Dollar is slipping from its high price.
Overnight gold trading will have to show us if gold will
rise from this level or sink lower before buyer see a bargain