Friday, August 14, 2009
GOLD DOES PULL BACK, WILL IT RETEST THE LOW?
Or will it simply retrace to the 75% point at 94510 and
then rally higher?
Dow, Oil and Euro are still down hard
GOLD MAY PULL BACK AT ANY MOMENT, VOLUME IS PULSING LIGHT TO MODERATE
The first 75% retrace point is hit
GOLD COLLAPSES, DOW, EURO OIL ALL DOWN BIG TIME
Gold takes back nearly 100% of the entire last up move
up from 9421. It may rally from here but should retest
the low before the final rally
G OLD RALLIES TO THE 75% POINT WHICH COINCIDES WITH THE BLUE DOWNTREND LINE
GOLD TAKES IT ALL BACK AS I TYPE THIS!
YOU REALLY WANT TO TRADE THIS?
It could stop there and is now pulling back.
Volume is getting erratic
Dow, Oil, Euro all falling fast
Bonds, Yen up strong
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