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.
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Wednesday, August 5, 2009
A NORMAL PULL BACK AFTER HITTING THE 75% RETRACE POINT AT 96740
Gold should rally to the next retrace point at 96980 or even higher and take out the previous top at 97270. Whether that can be accomplished in today's day session is questionable, but NOT impossible.
