This is Goldtrader's New Blog Site.
The old blog would not allow me to post more charts, saying I exceeded the FREE quota of space. Nothing else will change.
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Monday, August 10, 2009
GOLD MOVES UP ON LIGHT/MODERATE VOLUME, BUT IS NOT WELL SUPPORTED TO CONTINUE HIGHER RIGHT NOW
Gold moves require good volume to be convincing. Don't ever rely on a gold move just because of speed and direction...good volume is needed too.