Thursday, August 7, 2008
6:25AM PDST
Gold gets hit hard on rising dollar
and sinks to 88410 then bounces and is now
returning to retest the low.
We may see more selling today which is totally opposite to logic
after the ECB and Bank of England keep rates steady
and Jobless claims skyrocket!
Volume is very erratic...maybe 3 minutes of moderate volume up
then a sell off and repeat
BUT TO THE DOWN SIDE!
Who would have an interest in keeping gold low?
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment