Thursday, January 29, 2009

10:37AM PST GOLD HITS THE 75% RETRACE POINT


Gold may pull back here some before moving
higher this afternoon and overnight.
How far the pull back will be, I don't know until
it happens. I need the trading action to be able
to detect when I think the market is turning
around. Be sure to read Dan Norcini's afternoon
comments at JSMINESET which should post in
the next few minutes.