![](http://photos1.blogger.com/blogger/3426/1040/400/101305%20gold.jpg)
Here is an updated hourly chart of pit trading in December gold. The last two reactions were 12-14 dollars, about a box size. I think the current reaction will be about the same so I expect gold to find support in the 468-470 zone, near the bottom of the current box. After that look for a move to 488-490.
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