Friday, February 26, 2010
BULLION BANKS MUST REALLY BE POURING ON THE SELLING PRESSURE BECAUSE STOCKS, EURO, OIL ARE ALL UP STRONGLY AND GOLD WON'T BUDGE PAST THE 1115.8 LINE...FOR NOW
A PULL BACK TO REGROUP AND CONSOLIDATE, THEN GOLD SHOULD SPIKE UP TO 1120 OR HIGHER. LOTS OF BUYERS JUST POURED IN ON THIS LAST RALLY, THEY MAY TAKE PROFIT HERE AND PULL GOLD BACK, THEN JUMP BACK IN FOR A 2ND RALLY HIGHER
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