Gold dropping like a rock today some $17  to the $870 support area as the DJIA closes above 8,100 and the dollar gains against the Euro.  If Gold breaks this $870 mark prices will plummet another $30   so watch this level very carefully.  I am beginning to believe in the DJIA rally.  We havent seen it give back any gains in the last month and a half.

This entry was posted on Friday, April 17th, 2009 at 2:54 am and is filed under Metals. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.