GOLDTRADER'S GROUP
Daily commentary on GOLD TRADING as it occurs real-time in New York on the Comex Exchange.
Tuesday, March 10, 2009
7:23AM PDST GOLD HAS RETRACED MORE THAN 50% OF THE ENTIRE MOVE UP FROM 803.60 TO THE TOP AT 1007.70
One minute chart of gold's struggle back up.
It just hit the first 75% retrace point.
Dollar is also falling. Currently at .87975
Dow up 275
Euro sideways
Oil stair stepping upward
Bonds trending down again
gold struggling to rise from this new low
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