***GOOD FORTUNE TO ALL GOLDDIGGERS IN 07, price action remains king***
new more robust 3 tier Gold trends for 07: balance of power remains on the up for now....
spot Gold trends:
weekly = UP, UP, DOWN
daily = UP, UP, UP
$index trends:
weekly = DOWN, DOWN, DOWN
daily = DOWN, DOWN, DOWN
the jap yen is a big percentage of the $index and if it wasnt for the carry trade boys leaning hard againt the yen for cheap money the $index would be fooked by now. euro and the £ still kicking ass against the $ and the facts remain the same the yankee $ still on the backfoot for now.
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