Friday, November 7, 2008

11:57AM PST GOLD ATTEMPTS TO MOVE UP BUT FALLS BACK AT THE FIRST 75% RETRACE POINT


Gold retraces to the first 75% point at 73630
and falls back, but at least it made a move up
instead of falling further.
Dollar down a bit from its high of .8660
Dow was rallying, but is now falling rapidly
one hour before the close.