Gold could easily move down to the 75% point at 1001.20 before rallying.
It WILL move up to fill in the opening gap, and maybe very soon today.
This sell off (less than 1000 contracts) is probably due to traders
who think the IMF gold they 'threaten' to sell this week will actually
make it to the ope market.
NOT A CHANCE IN HELL!
It will be gobbled up by the Chinese and/or Russians in one purchase.
Friday's sell off at the end was nothing more than the manipulators
pushing gold down to affect the data for the week when the black boxes
use it for analysis so it will push the results into sell mode.
If it does, it will only be for a brief moment as buyers jump on gold
for a safe haven buy as the dollar plummets to hell's darkest depths.
