Tuesday, March 10, 2009

7:23AM PDST GOLD HAS RETRACED MORE THAN 50% OF THE ENTIRE MOVE UP FROM 803.60 TO THE TOP AT 1007.70


One minute chart of gold's struggle back up.
It just hit the first 75% retrace point.



Dollar is also falling. Currently at .87975

Dow up 275

Euro sideways

Oil stair stepping upward

Bonds trending down again

gold struggling to rise from this new low