Wednesday, December 2, 2009

THE WHITE INTERMEDIATE UPTREND CHANNEL, WE'RE NEAR THE TOP LINE IN AN OVER BOUGHT CONDITION


GOLD IS 'TECHNICALLY' OVER BOUGHT, BUT THIS
IS A BIT IRRELEVANT IN SUCH A BULLISH MARKET
WITH SUCH STRONG UNDERLYING INFLUENCES LIKE
THE FALLING DOLLAR AND FAILING WORLD ECONOMY
GOLD DOES NEED TO PULL BACK ONCE IN A WHILE TO
'CLEAR ITSELF' OF WEAK SHORTS WHO ARE GETTING
KILLED NOW