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 SLIPPING LOWER CLOSE TO THE 75% RETRACE POINT AT 93980
Will it turn back up from there? With oil sinking lower, it
may hold gold down, but Euro is near its highs pulling it up.
Dollar looking very weak, but could always be manipulated
up.
Hard to trade for now.
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