Gold should eventually break up out of the white Intermediate down flag
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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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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 13
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- 2:15PM PDST AFTERNOON GOLD CLOSE
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- RETRACEMENT POSSIBILITIES
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- NEW RED DOWN FLAG DRAWN
- THIS MAY BE ONLY A FIRST RALLY ATTEMPT, GOLD MAY G...
- GOLD SHOULD EVENTUALLY BREAK UP OUT OF THE RED DOW...
- DOLLAR FALLS TO .8022, GOLD MAY RALLY SOON AFTER H...
- GOLD PULLING BACK AFTER THE SPIKE UP, BUT HOW FAR?
- GOLD SPIKES EVEN HIGHER ON OVER 3,000 CONTRACTS AT...
- GOLD HITS THE 75% RETRACE POINT AT 92050
- GOLD READY TO SPIKE UP TO 92060 OR HIGHER
- GOLD IS CONSOLIDATING HERE BUILDING ENERGY TO MOVE...
- GOLD GETTING READY TO MOVE HIGHER
- DOLLAR FALLS TO .8028 RATHER ABRUPTLY, GOLD MAY BE...
- GOLD GETTING READY TO SPIKE?
- NEXT HIGHER 75% RETRACE POINT AT 92060
- GOLD JUMPS TO THE 9145 HIGH PLUS A TICK ON 606 CON...
- GOLD MAY STOP AT THE NEXT HIGH AT 9145 OR THE WHIT...
- GOLD CONTINUES ITS RISE ABOVE THE 75% POINT
- GOLD RISES TO THE 2ND 75% RETRACE POINT ON MODERAT...
- NEW TRENDLINES DRAWN
- GOLD STILL STAIR STEPPING HIGHER FOR NOW
- GOLD CONTINUES RISING NEARER TO THE 2ND 75% RETRAC...
- GOLD BREAKS OUT ABOVE THE WHITE DOWNTREND CHANNEL ...
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- GOLD MOVES BACK UP TO THE 1ST 75% RETRACE POINT
- GOLD RALLY ALMOST BREAKS OUT OF THE WHITE DOWN FLA...
- OIL, EURO, DOW ALL MAY BE TURNING BACK UP HERE WHI...
- GOLD LOOKING VERY WEAK, FORMING A LEDGE TO FALL FROM
- GOLD HOLDING ON HERE VERY TENUOUSLY TRYING TO FIND...
- OIL AND EURO MOVE LOWER, GOLD MAY DROP FURTHER
- GOLD FALLS TO THE BLUE UPTREND CHANNEL BOTTOM LINE...
- GOLD RETRACES NEARLY 100% OF LAST UP LEG
- GOLD MAY HAVE TO TOUCH 90980 BEFORE RALLYING
- THE LARGER VIEW
- GOLD RALLIES WELL AFTER THE PULL BACK
- OIL FALLS TAKING GOLD WITH IT ON MODERATE VOLUME T...
- GOLD MAY BE GETTING READY TO BREAK HIGHER
- GOLD MOVED UP OUT OF THE LITTLE WHITE DOWN FLAG BU...
- GOLD COULD MOVE UP TO ABOUT 932
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Jul 13
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July
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