Dear Readers What Now? Ok, look at the CYan lines, they seem to be approaching the highs established in the lows of mid of last year. Can it go higher, yes it can and that would mean the stock market going lower. We do not believe the lows have been established yet, and whatever number of days it takes the test of and/or actual new lows will be seen before long. Yen has rallied overnight and with it all markets, including GOLD. We believe though the YEN will strengthen again it will not be long before we see that. No change on the forecast, GOLD should make another move lower into 12-19 of March and higher thereafter and the rest of the thinking stays the same as well. Good Trading
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