GOLDTRADER'S GROUP
Daily commentary on GOLD TRADING as it occurs real-time in New York on the Comex Exchange.
Friday, January 9, 2009
9:16AM PST GOLD REACHES THE TOP WHITE LINE OF THE INTERMEDIATE DOWNTREND CHANNEL
Gold is moving up despite the dollar holding its
own near its highs for the day, the Euro not
climbing, Dow not climbing much, and Oil
falling to the 39s.
Has to be safe haven buying and/or funds buying in.
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