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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: Little Joe who wrote (6040)5/7/2004 9:07:36 AM
From: Michael Watkins  Read Replies (1) | Respond to of 60924
 
I was mostly thinking about the general market, not Gold. Gold I would expect would get killed by a big jobs number because the bond market will tank.

Which it has.

And gold is off big again.

USD is firming up against other major currencies, particularly USDJPY and EURUSD. EURUSD has moved below support now resistance again.

trendvue.com

Gold still remains below its upper most trading range and I'll repeat a comment I made a week or so ago elsewhere here - unless GC can regain that range and hold, the trend has changed in the big picture.

trendvue.com

All "tops" start this way" and in particular the 2B Test of Top (a marginal new high and failure) was a classic. One for the books.