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Wednesday, July 29, 2009
OPENING RALLY ON LIGHT VOLUME EXCEEDS 2ND 75% RETRACE POINT, STALLS AT TOP WHITE UPTREND LINE
Gold moves above the blue downtrend line...good, but
is stalling at the top white uptrend line...not so good.
Not pulling back immediately is a good sign, but volume
is very light. A pull back, then another rally may take it
