Tuesday, August 5, 2008

5:40 AM PDST

Gold fell almost exactly 75% of the move up from 88910 to 89520, back down on the opening and then zoomed up to beyond 89520, hitting 89590, which also took out a slightly higher old top at 89570 before pulling back and possibly forming a down flag to consolidate in before it moves up higher... If it doesn't to that quickly, gold will sell off again and possibly retest 88910 or even go lower. NEW BLOG CHARTS POSTED

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