Markets are just too volatile to post anything but
an overview of the situation.
You can trade gold, but you have to be very quick
and NOT GREEDY!
Friday, August 7, 2009
GOLD RESUMES ITS RALLY HIGHER ON MODERATE VOLUME
Dollar sinks to .7804
Oil moving back up
Euro up a bit
Dow still flagging at the top
Bonds building a bottom
Yen bottoming too
A FINAL DIP TO 9550, AND NOW A RALLY, A RETEST, AND ANOTHER RALLY
A shallow pull back is a good sign
This is the 1st pull back/retest of the low, then
up higher
Gold rallying on good volume, Bonds making a
base, Oil pulled way back, Dow flagging at the top
up 69, Yen still falling, Euro putting in a base,
should rally now
EURO COLLAPSES, BUT IS NOW MOVING BACK UP, OIL PULLS BACK, DOW WAY UP 72, GOLD FALLS WITH EURO
Markets moving too fast to print current charts.
Gold falls 100% to 9605, should rally now
BONDS, YEN PLUNGE, DOW, OIL, EURO SCREAM HIGHER, GOLD STOPS AT THE 75% POINT AT 96810
Gold pulls back fast after the up spike, could
re spike
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