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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, May 12, 2009

THESE RALLIES SHOW LITTLE STRENGTH AND ARE NOT PROGRESSING PAST THE 50% RETRACEMENT LEVEL BEFORE PULLING BACK

Occasional spurts of good volume

fade back into very light volume

indicating buyers are not convinced

this is where to buy back in.

Posted by GOLDTRADERRR at 7:17 AM

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