NEW RED DOWN FLAG DRAWN
GOLD MOVED UP OUT OF THE RED DOWN FLAG
BUT ONLY TO THE 1ST RETRACE POINT AND NOW
IS TURNING DOWN. THIS FORMS A NEW RED DOWN
FLAG (see top chart) WHICH GOLD WILL PROBABLY NOT BREAK
UP OUT OF THIS CLOSE TO THE CRIMEX OPEN
AS THE SHORTS ARE ALREADY AT WORK PUTTING
SELLING PRESSURE ON GOLD AHEAD OF CRIMEX
