GOLDTRADER'S GROUP
Daily commentary on GOLD TRADING as it occurs real-time in New York on the Comex Exchange.
Wednesday, July 1, 2009
GOLD HITS THE LAST 75% POINT AND BREAKS ABOVE THE BOLD WHITE DOWNTREND LINE
Gold pulls back 75% from the spike up.
May move back up even higher.
Should find support on the thin white uptrend line of the
previous down flag from which it just broke out.
Dollar drops to .7971 and bounces to .7982
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