This is Goldtrader's New Blog Site.
The old blog would not allow me to post more charts, saying I exceeded the FREE quota of space. Nothing else will change.
YOU NEED TO REFRESH THE PAGE TO SEE MY CONSTANT UPDATES
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