GOLDTRADER'S GROUP (NEW BLOG): GOLD RETRACES 75% FROM THE 1ST HIGH, RALLIES WELL, NOW RETRACES AGAIN 75% TO THE TOP RED LINE OF THE DOWN FLAG FIND SUPPORT?

Wednesday, August 19, 2009

GOLD RETRACES 75% FROM THE 1ST HIGH, RALLIES WELL, NOW RETRACES AGAIN 75% TO THE TOP RED LINE OF THE DOWN FLAG FIND SUPPORT?

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...

GOLDTRADER'S GROUP (NEW BLOG)

Wednesday, August 19, 2009

GOLD RETRACES 75% FROM THE 1ST HIGH, RALLIES WELL, NOW RETRACES AGAIN 75% TO THE TOP RED LINE OF THE DOWN FLAG FIND SUPPORT?

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CONSTANT UPDATES AS MARKETS TRADE

CHART LEGEND

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