GOLDTRADER'S GROUP
Daily commentary on GOLD TRADING as it occurs real-time in New York on the Comex Exchange.
Monday, June 8, 2009
GOLD LOOKS LIKE IT'S MOVING LOWER, DOLLAR HIGHER, EURO LOWER, DOW OFF ABOUT 120
Gold struggled back up off the low, but couldn't make enough
progress and has pulled back and is still falling hitting the 75%
retrace point.
Should rally well after it bottoms out.
Could move back up, but looks more like down right now
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