Thursday, August 6, 2009

GOLD MOVES HIGHER TO A NEW HIGH ON STRONG VOLUME ON THE CRIMEX OPEN


Bonds falling, but the other markets are barely
moving
Dollar up some at .7794
I have to suspect gold is going to pull back from here
but it should have already done so on profit taking
at the least. A good deal of the up move had to be
from short covering.
I'm not seeing in large sell positions, or buy positions,
in my real time data.
Most of the large orders are placed outside of the data
available to us regular traders.