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Montanore

11/01/14 1:13 PM

#2461 RE: JohnCM #2460

“A very typical, normal pullback would be about the 50 percent retracement,” said Gordon, a CNBC contributor. That puts Gordon’s target at about $700 an ounce, coinciding with gold’s 2008 bottom.
“We have significantly lower to go,” he said.

http://finance.yahoo.com/blogs/talking-numbers/this-chart-will-scare-gold-bugs-221806754.html

big gains1988

11/02/14 6:10 AM

#2465 RE: JohnCM #2460

Wow, thanks for that info.
Talk about oversold!