Wednesday, August 13, 2008
4:40AM PDST GOOD MORNING GOLD BUGS!
TODAY'S REPORTS:
Retail sales
Retail sales ex-autos
Import prices
Inventories
After a brief sell off in the afternoon yesterday, gold moved up gradually all the way to 83250 just after midnight pdst, pulled back seven dollars, retested the high again, and has now retraced the entire up move 61.8% and has just bounced off 81980 on light volume.
more shortly after my market review...
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