Tuesday, August 18, 2009
GOLD HASN'T BEEN BASHED MUCH TODAY AND HAS STAYED INTHE BLUE UPTREND CHANNEL
Gold will probably rise after the Crimex close and in
overnight trading.
GOLD MAY BE MOVING HIGHER OUT OF THE RIGHT SHOULDER OF AN INVERSE H and S PATERN WITH 356 AS THE HEAD
A normal pull back here, then higher?
GT GETTING SOME SLEEP AFTER BEING UP TWO NIGHTS IN A ROW
Gold not doing much right now. Made a nice gradual move up
last night up the white up trend channel, then fell out of it
just as I couldn't stay awake any longer.
This market has me baffled. I can't predict anything so I'm
keeping my powder dry until I'm sure we have a good bottom
put in. I still fear a huge drop before the big rally for the
rest of the year and maybe more.
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