GOLDTRADER'S GROUP
Daily commentary on GOLD TRADING as it occurs real-time in New York on the Comex Exchange.
Thursday, January 29, 2009
6:04AM PST GOLD DOESN'T MOVE UP FAST ENOUGH, SO IT PULLS BACK
Gold fails the first bounce from the low and makes
a second dip just below the 75% retrace point
Dollar down to .8476
Euro and Yen rising
Bonds bottoming some
Dow and Oil still moving down
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