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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Friday, November 6, 2009
BE CLEAR THAT GOLD BACKED AWAY FROM $1100 BECAUSE IT IS A PSYCHOLOGICAL BARRIER
THE SHORTS DON'T WANT TO CROSS IT AND THE LONGS TOOK THEIR PROFIT BEFORE THE SHORTS COULD HIT THEM THE NEXT RUN AT IT, OR THE 2ND ATTEMPT TO CROSS IT, WILL SUCCEED AND GOLD COULD TAKE OFF BIG TIME