Wednesday, August 6, 2008

6:16 AM PDST HEAD FAKE UP?

There is no big volume to this little rally... I think it will flop and go down some more... volume could begin to build, but usually, when gold turns around, it turns around with a big jump in on significant volume. GOLD NEVER DOES ANYTHING GRADUALLY! If gold does not get past the upper downtrend line (white) it will go back down!

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