Thursday, August 12, 2010

Gold rush???

Gold must break above 1212 over the next two hours (by 9am EST), and stay over 1212 till lunchtime (12nn EST) for a continued rally.


  1. Time now is 10:42, Gold spiked up and is about 1215. 1.5 hours more to hold above this level for a bullish confirmation.

  2. Gold has kept above the 1212 level, and should retrace slightly below 1212 if at all. Thereafter, it should be making a higher high.