GOLD
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0.51% $1,391.7 gold futures

$850 could be right

  1. bruster
    106 Posts.
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    04/02/09
    12:29
    Post #: 4759417
    Feb Gold futures chart shows $801 low. $931 high.
    Difference is $130. 61.8% Fibonacci retracement of 130 is 80.
    931 - 80 is 851. Price has to get past the 38.2% and 50% retracements though.

    Value at posting: $13,636
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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