join the mailing list
* indicates required

Thursday, August 20, 2009

It's Been a Long Day...

And as you've noticed, we're still running behind. Looks like things are running right again, so this time, we will have some interesting information tomorrow.

As for tonight, the dollar has broken down through the pennant. If it stays down tomorrow, it will likely move to test our favorite 78.33 support line. This time, if it falls, it will probably stay down for a while.

As for gold, some would say today's minor pull back while the dollar was down is very negative. It looks quite positive. The divergence shows that gold is starting to take control of what's coming next. This is looking quite powerful and may begin very soon...

More tomorrow. It's just about to get interesting.

0 comments:

join the mailing list
* indicates required

Dredd Recommended Reading

About This Blog

The Dredd Market Report is a guide targeting new investors with education and techniques for protecting and growing their wealth in turbulent times.

Nothing on this blog is a recommendation or solicitation to buy or sell securities, futures or other investments.

Debt Clock

  © Blogger templates The Professional Template by Ourblogtemplates.com 2008

Back to TOP