Tuesday, December 15, 2009

GOLD RETRACES 75% OF THE MORNING RALLY, THEN RETRACES 75% OF THAT, AND SO ON


GOLD SELLS OFF INTO THE CRIMEX CLOSE,
RALLIED BACK UP 75% AND IS NOW MOVING DOWN
OUT OF THE BLUE UPTREND CHANNEL JUST FORMED.
NEXT SUPPORT AREA IS ON THE WHITE UPTREND CHANNEL
LOWER LINE OR EITHER OF THE RETRACE POINTS SHOWN