GOLDTRADER'S GROUP
Daily commentary on GOLD TRADING as it occurs real-time in New York on the Comex Exchange.
Friday, June 12, 2009
GOLD REACHES THE FIRST 75% RETRACE POINT WHILE THE DOLLAR IS FALLING TO .8060
Some pull back here, then higher
Lots of sellers above 945 who just want to get out of their
loss positions from this morning on any rally, when they
should be holding on for the big rally coming up
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