Gold will probably drop to either the 75% or 100% retrace pointbefore rallying
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This is Goldtrader's New Blog Site. The old blog would not allow me to post more charts, saying I exceeded the FREE quota of space. Nothing else will change. YOU NEED TO REFRESH THE PAGE TO SEE MY CONSTANT UPDATES
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CONSTANT UPDATES AS MARKETS TRADE
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CHART LEGEND
VERTICAL WHITE LINES DESIGNATE THE START AT 5:20AM PDST OF THE DAY SESSION COMEX OPEN
THE VERTICAL BLUE LINES DESIGNATE THE 10:30AM PDST CLOSE OF THE COMEX DAY SESSION
VERTICAL GREEN LINE DESIGNATES MARKET OPENING AT 3:00PM PDST ON SUNDAY
THE VERTICAL RED LINE SHOWS WHERE WHERE COMEX GOLD CLOSES AT 2:15PM PDST
COMEX REOPENS ON THE VERTICAL ORANGE LINE AT 3:00PM PDST
VERTICAL PINK LINES DESIGNATE MIDNIGHT PDST
THE ORANGE HORIZONTAL LINES I USE TO SHOW WHERE PREVIOUS TOPS ARE WHERE GOLD WILL RUN UP TO AND STOP, PULL BACK, OR BREAK THROUGH...
THE HORIZONTAL PALE BLUE LINE INDICATES YESTERDAY'S CLOSE PRICE
THE HORIZONTAL GREEN LINE(S) INDICATE MY LONG POSITION(S)
DAYS OF THE WEEK ARE LABELED AND THE DATES ARE AT THE BOTTOM OF THE CHART ALONG WITH TIMES OF EACH CANDLESTICK THE TIME PERIOD OF THE CHART IS IN THE TOP LEFT CORNER AND DESIGNATES THE LENGTH OF TIME EACH VERTICAL PRICE CANDLESTICK COVERS...
THE VERTICAL BLUE LINES DESIGNATE THE 10:30AM PDST CLOSE OF THE COMEX DAY SESSION
VERTICAL GREEN LINE DESIGNATES MARKET OPENING AT 3:00PM PDST ON SUNDAY
THE VERTICAL RED LINE SHOWS WHERE WHERE COMEX GOLD CLOSES AT 2:15PM PDST
COMEX REOPENS ON THE VERTICAL ORANGE LINE AT 3:00PM PDST
VERTICAL PINK LINES DESIGNATE MIDNIGHT PDST
THE ORANGE HORIZONTAL LINES I USE TO SHOW WHERE PREVIOUS TOPS ARE WHERE GOLD WILL RUN UP TO AND STOP, PULL BACK, OR BREAK THROUGH...
THE HORIZONTAL PALE BLUE LINE INDICATES YESTERDAY'S CLOSE PRICE
THE HORIZONTAL GREEN LINE(S) INDICATE MY LONG POSITION(S)
DAYS OF THE WEEK ARE LABELED AND THE DATES ARE AT THE BOTTOM OF THE CHART ALONG WITH TIMES OF EACH CANDLESTICK THE TIME PERIOD OF THE CHART IS IN THE TOP LEFT CORNER AND DESIGNATES THE LENGTH OF TIME EACH VERTICAL PRICE CANDLESTICK COVERS...
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Jul 16
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- 2:15PM PDST AFTERNOON GOLD CLOSE
- DOLLAR DROPS TO .7935...MAYBE GOLD WILL STAY UP
- GOLD BEING HELD UP BY RISING DOW, OIL AND EURO FOR...
- NEW TRENDLINES DRAWN
- GOLD DOES RALLY, BUT WILL PROBABLY STILL DROP TO T...
- GOLD SHOULD STILL DROP TO THE 75% RETRACE POINT AT...
- GOLD SELLS OFF INTO THE CLOSE AS PREDICTED, NOW A ...
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- GOLD MAY STALL HERE AND PULL BACK AHEAD OF THE CRI...
- GOLD RETRACES 75% OF THE MORNING'S SELL OFF
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- DOLLAR RISES BACK TO .79525
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- GOLD HITS THE 1ST 75% RETRACE POINT
- GOLD STOPS ROUNDING OVER AND MOVES HIGHER TO THE B...
- TIC REPORT IS NET NEGATIVE BY 66.6 BILLION
- DOLLAR RISES TO .79545
- GOLD DROPS HARD, THIS 1ST BOUNCE WILL FAIL, GOLD W...
- DOLLAR RISES TO .79495, DOW, OIL, EURO ALL RISING TOO
- BONDS, DOW RISING, OIL STARTING TO RISE, EURO...NO...
- THE LARGER VIEW
- OIL AND EURO STILL FALLING, DOLLAR AT .7941
- GOLD MAY GO A BIT LOWER BEFORE RALLYING
- OIL DROPPING, EURO PULLING BACK, BUT COULD JUMP UP...
- DOLLAR SUDDENLY DROPS TO .7928 OR LOWER
- GOLD NEEDS TO FALL TO A SUPPORT AREA BEFORE RALLYI...
- EURO HITTING RESISTANCE, COULD DROP PULLING GOLD DOWN
- THE FIBS SAY GOLD SHOULD PULL BACK TO EITHER OF TH...
- GOLD IS WAITING FOR THE JOBS REPORT OUT IN 3 MINUTES
- DOLLAR GETS A PPT GOOSE ON THE OPEN TO .79455 DROP...
- LOTS OF SELL ORDERS ABOVE 939, GOLD SHOULD SPIKE O...
- 135 SELL ORDERS AT 940, DOLLAR TANKING, GOLD COULD...
- DOLLAR FALLS TO .79385, EURO RISING
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