tag:blogger.com,1999:blog-21999066.post-1148309103550531882006-05-22T07:31:00.000-07:002006-05-22T07:45:04.000-07:00Last Friday was a poor day for commodity gold. Price dropped from $680 to $655. The new week comes with a further drop, and it continued to drop during Asia market session, lossing another $18 to day low around $637. <br /><br />Gold showed a slight rebound to above $650 during US morning session. According to HKEJ, the recent surge of Gold started from $560 and reach $730 in 2 months' time. For a 50% correction, gold should reach $645 which is the current level. A 61.8% correction should reach $625. This is still in a healthy correction range, yet the correction often comes in a fast and unexpected manner.<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/21999066-114830910355053188?l=spot-gold.blogspot.com' alt='' /></div>SSYhttp://www.blogger.com/profile/13908590145373794652noreply@blogger.com0