You've Got To Be Kidding Me

A discussion on gold, silver, and the markets.

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Location: Freehold, NJ, United States

Married with two children and one toy poodle which was not my first choice but I like her anyway. Been on the Street since 1989, mostly as a retail broker.

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Tuesday, January 08, 2008

Ahhhhhhhh....................

Tonight, gold at it's highest was up $13+ to $893!! However, it is now up $7.70 at $886+. Color me skeptical but I don't think this rally holds tonight. I am guessing that since, I think $887 is resistance, and gold smashed throgh that and went over $893, only to come back down, that a pullback might be in order.

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