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URL:  http://boards.fool.com/fwiw-here-are-the-fib-retracements-based-on-the-30061148.aspx

Subject:  Re: Gold - Updated TA Date:  5/24/2012  10:35 PM
Author:  MDCigan Number:  41086 of 41315

FWIW, here are the Fib retracements based on the 2008 low of 681 and peak of 1924:

38.2% - 1449
50% - 1302
61.8% - 1156

What I find very interesting and noteworthy about the 50% and 61.8% retracements is they also perfectly coincide with the correction lows of January 2011 and July 2010.
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