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Gold Pullback; Short Term Fibonacci Retracement Levels

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Thursday, October 15, 2009

WARNING: This is not a recommendation to buy, sell or hold any financial instrument.

Gold is finally pulling back to consolidate the recent move. Here are the short term Fibonacci retracement levels for just the breakout move over the last several days. Keep in mind the previous all time high at $1032 now becomes a support as well.

Gold Consolidation with Fibonacci Retracement LevelsGold Consolidation with Fibonacci Retracement Levels

This article was posted: Thursday, October 15, 2009 at 9:41 am

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