Monday, 18 May 2009

Gold was likely a fakeout

The volume on Friday in gold was not inspiring.

The price is dropped back below $930 this morning.

Silver is also leading the way down this morning.

All the stars are in alignment for a down day in the gold market methinks, but it is always possible that a shitstorm comes over the sky in the US timezone and the breakout is on after a test... let's see later...

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