12:36PM PST GOLD RETRACES 75% BACK UP THE LAST DOWN LEG WHICH WAS ALSO A 75% RETRACE OF THE BIG MOVE UP

Dollar is currently near its lows of the day

at .86055.

Euro is off its high of 1.2920 a little.

Dow is rallying over 477 points at present with

20 minutes to go in the day session

Oil up some today to the 54s (Jan09 Oil)