Wednesday, August 5, 2009

GOLD RISES TO THE TOP WHITE LINE OF THE DOWN FLAG


Volume is still light at about 100 contracts/minute
which is okay, but not strong rally volume
Bonds falling
Dow and Oil rising
Euro building a base to move higher?
Yen moving down
All positive for gold
Dollar is higher, but has been running counter to gold
for days now, or is it the other way, gold counter to the dollar?