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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Tuesday, August 11, 2009
GOLD RALLIES AFTER A SUBSTANTIAL DROP, BUT HAS NO BASIS FOR MOVING HIGHER RIGHT NOW WITH THE INDICATOR MARKETS BEING NON-SUPPORTIVE
New downtrend channel lines drawn. Gold hits resistance at the red uptrend channel bottom line.
