GOLDTRADER'S GROUP
Daily commentary on GOLD TRADING as it occurs real-time in New York on the Comex Exchange.
Wednesday, March 4, 2009
7:50AM PST GETTING CLOSE TO THE 75% RETRACE POINT FOR THIS WHOLE DOWN MOVE
Strong up move on strong volume with short
pull backs is very bullish, but there's a limit as
it goes higher and higher. Either a pull back here
or consolidation then up to the 75% point at 920.
Remember the resistance areas as gold goes higher.
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