Monday, August 4, 2008
GOLD STARTING TO PULL BACK ON PROFIT TAKING 8:12AM PDST
Gold has broken just below the uptrend channel (white lines)
Oil is falling again to the 124s
Euro is of its highs of the day and forming a down flag
which resolves up just like gold
Dow is down all day currently at 11216
Dollar is at .7345 sort of the low middle of its trading range
but is towards the down side of trading in recent days
Without PPT assistance, it will just keep falling.
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