Real Time e-mini S&P Trading, plus contrarian commentary on all the markets, all the time
Thursday, November 09, 2006
Here is an hourly chart of pit trading in December gold futures. I last commented on this market here.
As you can see the market has put in a wide range bar pushing gold to new highs for the rally from 563. I think this means that the market is headed at least for 650 and quite possibly up into the 675-80 zone.