Thursday, October 16, 2008

8:37AM PDST GOLD TAKES ANOTHER HIT DOWN TO BELOW THE 75% POINT TO 78670 AND BOUNCES


Just like I told you it would, gold dipped down
to tag the 75% retrace point at 78890 and went
a pinch lower. Now it will pull back again to retest
the low and may go a pinch below that before heading
back up on its next big up leg higher.