GOLDTRADER'S GROUP
Daily commentary on GOLD TRADING as it occurs real-time in New York on the Comex Exchange.
Wednesday, October 15, 2008
6:55AM PDST GOLD SUDDENLY SPIKES UP THROUGH ALL DOWN TREND LINES TO THE HIGH NEAR 8514
Up volume is strong, but brief. This could be
a fund buying into gold at a reasonable low.
The spike up is now being pushed back down, but
could go higher as these spikes wake up traders
who jump in when the momentum moves gold up.
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