Monday, December 7, 2009

GOLD CONSOLIDATING IN A RED DOWN FLAG, COULD BREAK HIGHER OR PULL BACK MORE BEFORE THE NEXT RALLY HIGHER


GOLD COULD BE HESITANT TO MOVE HIGER RIGHT AWAY
AFTER SUCH A QUICK RUN UP. ON THE OTHER HAND
MANY BUYERS MAY BE EAGER TO JUMP IN AT THE HIGHS
BEFORE GOLD MOVES MUCH HIGHER WITHOUT THEM.
NO WAY TO KNOW WHICH WILL HAPPEN UNTIL THE
VERY LAST SECOND AS I WATCH VOLUMES AND PRICE
ACTIONS, AND I CAN'T COMMUNICATE THAT TO YOU ALL
FAST ENOUGH, LET ALONE TRADE MY OWN POSITION,
WHICH HAS TO COME FIRST