Wednesday, July 15, 2009

GOLD SPIKES TO THE 75% RETRACE POINT AT 938 IN OVERNIGHT TRADING AS DOLLAR SINKS TO .7974


Using the previous high at 949 to compute the fibs, the 75% retrace fib
is at 938 as pointed out yesterday.

Using the high at 9921 to compute the fibs, the next major 75% retrace fib
is at 97030