Monday, March 9, 2009

7:45AM PDST GOLD RETRACES ALMOST 61.8% OF THE MOVE UP FROM 908


One minute chart of the retest of the low that
may be coming
Dollar has dropped to .88935, now at .8900
Euro moving up
Dow peaked at breakeven and has fallen back
to off 35
Oil pulled back from its run up
Bonds having been moving down





It is now going to retest the low and could drop


down to the 75% retrace point at 91730 before


moving back up.