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GOLDTRADER'S GROUP

Daily commentary on GOLD TRADING as it occurs real-time in New York on the Comex Exchange.

Tuesday, January 27, 2009

11:11AM PST GOLD BOUNCES OF THE 75% RETRACE POINT AS PREDICTED, SHOULD CONTINUE HIGHER

Dollar at .8486

Euro rising just barely

Yen turns down

Oil stays down in the 42s

Bonds topping

Dow down to a positive 50 points

Gold showing some support above the low

just made at 89850

Posted by GOLDTRADERRR at 11:11 AM

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