Thursday, July 06, 2006

Gold 632 weekend update

First my apologies for the long delay since my last posting. I realized many of you are checking this blog quite frequently. We have been trading GG almost daily and JT has been really doing a good job of it. Here are a Daily, 4hour and 1 hour bar chart of gold. The daily looks like it needs a rest and to form a BC corrective leg. The 4 hour looks like we could test the 50unit MA or blast up to 650 just as easily. The 1 hour bbands have narrowed which is good for a potential move up. I have held all my positions other than my GG options and GG stock. enjoy.


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