Wednesday, September 16, 2009

GOLD GETS CAPPED AT 1022.30 AND PULLS BACK, MAY GO MUCH LOWER AFTER NOT FOLLOWING THROUGH ON THE RALLY


Euro pulling back, but stocks, oil up strongly, bonds and yen
down all good for gold. gold may yet go higher but is pulling
back at the moment. May suddenly turn back up. A big
gamble at this level. Much better to wait for a big pull back
below 1016.00 to buy in