THE RED DOWN FLAG SHOULD RESOLVE UP NEXT WEEK AND GOLD SHOULD
MOVE HIGHER ON ITS WAY BACK UP TO, AND BEYOND, THE CURRENT HIGH PRICE FOR
GOLD AT $1072.
TODAY'S RALLY OF THE LOW WAS STRONG, HAD GOOD CONSISTENT UP VOLUME AND PENETRATED
MANY SMALL RESISTANCE POINTS VERY EASILY.
THERE HAD TO BE A GOOD BIT OF SHORT COVERING INVOLVED AS NEW BUYERS MOVED IN
AND DROVE THE PRICE HIGHER.
