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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Wednesday, October 7, 2009
GOLD IS NEAR THE TOP YELLOW UPTREND CHANNEL LINE AND IS TECHNICALLY OVERBOUGHT
GOLD MAY NEED TO PULL BACK A GOOD BIT TO REBALANCE THE FORCES IN THE MARKET,BUT THE FALLING DOLLAR WILL CAUSE GOLD TO RESIST PULLING BACK VERY MUCH