Tuesday, November 3, 2009
BINGO- GOLD 1076
Finally hit its target and actually went over so you all know what that means- higher prices are coming.
Updates
I will be busy today and tomorrow so just a heads up on the markets. Yesterday's bounce was 100% a spot to get short! What occurred the last two weeks was just our regular trend of earnings season and with most of the heavy weights out of the way we are back to analyzing the economic data.
Watch that 1023 area and below that we could head down to 1012 very quickly but as you know I am looking for us to clip below 1000 very shortly.
Right here I am totally confused by oils movement but I am sure it will resolve itself soon. Also Gold looks like it wants to finally tackle it triangle target of 1076, we will see soon enough.
MARKETJEDI
Watch that 1023 area and below that we could head down to 1012 very quickly but as you know I am looking for us to clip below 1000 very shortly.
Right here I am totally confused by oils movement but I am sure it will resolve itself soon. Also Gold looks like it wants to finally tackle it triangle target of 1076, we will see soon enough.
MARKETJEDI
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