Crack Back (part 6)

May 18, 2006

Gold was down, then flat and finally back down again today. Closes for Thu 18 May ’06:

Gold: U$ 680.90, down U$ 10.90
XGD:TSX: C$ 73.80, down C$ 1.35, down 1.80 %

Not necessarily the big hit desired either today or tomorrow, but no small potatoes and quite promising. A couple of these would do quite nicely instead. Compared to yesterday, it does look like it’s still trying to hang in there, but with less conviction because the action is on the downside rather than upside. We’ll see how it goes tomorrow.

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