gold...a worry, page-12

  1. 13,013 Posts.
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    Looks like danger averted. Suggests to me that support at 342-343 strengthened. Last night Sept. Dollar Index was down .22 to 95.87. Sept. euro was up .48 to 113.65. Sept. yen was up .04 to 86.17. Yen is very important here, and if it keeps pushing north it means that Japan and the Asians are failing to keep the dollar higher with all their dollar-buying. And the Asians have been heavy buyer of dollars. Technically, gold still doing fine.
 
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