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ajtj99

01/22/08 8:37 PM

#114238 RE: ItsAllCyclical #114233

Its, most bullish moves still re-trace 38.2% to 50% of the move up at some point. Why do you think the Gold Bull since 2002 won't do so?

I'm merely suggesting Gold will likely do a 0.382 re-trace of the bullish move up since 2002.

Here's a nice resource for historic Gold and precious metal charts. You may find it helpful. It also shows many examples of re-traces in Gold.

http://www.chartsrus.com/