GOLDTRADER'S GROUP
Daily commentary on GOLD TRADING as it occurs real-time in New York on the Comex Exchange.
Friday, November 7, 2008
11:57AM PST GOLD ATTEMPTS TO MOVE UP BUT FALLS BACK AT THE FIRST 75% RETRACE POINT
Gold retraces to the first 75% point at 73630
and falls back, but at least it made a move up
instead of falling further.
Dollar down a bit from its high of .8660
Dow was rallying, but is now falling rapidly
one hour before the close.
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