Saturday, February 17, 2007

Update on intraday Google hits and Gold price

Yesterday I reported on how the google hits on gold were fluctuating a lot on an intraday basis. However, the test was what would the "end of day" value settle down to? This is the value I use for my daily google sentiment indicator.
The answer was that it had dropped down to 736,000 -comfortably below our resistance level of 850,000.
In other words, Google and Gold says no breakout yet either!

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