Friday, September 18, 2009

GOLD RALLIES WELL ON DECENT VOLUME BUT IT'S FADING, COULD RETEST THE LOW BEFORE MOVING HIGHER


The white short term down flag resolves up and it's very common for
gold to rally from the 50% retracement level of these large down moves.
The Indicator Markets are attempting to turn back up so gold could
continue back up after this shake out of weak longs.