GOLDTRADER'S GROUP
Daily commentary on GOLD TRADING as it occurs real-time in New York on the Comex Exchange.
Thursday, November 6, 2008
8:36AM PST GOLD FALLS TO THE BOTTOM LINE OF THE MAJOR DOWNTREND CHANNEL (white) AND BREAKS THRU THE GREEN UPTREND LINE
Gold is now in the process of retesting the low.
Could go a pinch lower and bounce quickly, then
start a rally back up, but a grudging rally, not
a spike up.
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