Thursday, May 04, 2006

Gold


Here is an hourly chart showing pit and electronic trading in June gold futures. I last commented on this chart here.

I think gold will rally to 688 and then break below the last low at the 660 level. If and when the 660 is broken I will be looking for a drop below 600.

1 comment:

Anonymous said...

carl:

could you please cover some of the old stocks that you had mentioned before such as MSFT, BIDU, GOOG, SHLD, and even recently covered BOT, CME. thanks