Thursday, July 31, 2008

7:00AM PDST

Gold did pull back like I said it would and did rally quickly. but I didn't get on board and as it was going up I wanted to buy it but knew that the higher I bought it, that is would then pull back just like it's doing right now (see new blog chart) gold could drop further if it doesn't move up boldly from here... a new down flag has formed (see blog chart) gold touched 92630 again and is now thrashing up and down in a two dollar range and making higher lows but I think it may go lower just watching how it's trading... it's all moving way to fast for me to be able to keep you posted up to the minute... and gold just spiked lower! Stay tuned

No comments: