GOLDTRADER'S GROUP
Daily commentary on GOLD TRADING as it occurs real-time in New York on the Comex Exchange.
Thursday, April 2, 2009
6:24AM PDST GOLD MAKES A NEW LOW ON STRONG VOLUME, WEAK BOUNCE NOT GOOD
The larger picture of the 75% retracement back
down
Gold falls below the 75% retrace point at 9062.
Big battle here to find support and move back up.
Dollar falls to .8468, currently at .8506
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