A lot of sellers can keep gold from rising, unless the buyers
gobble them up. Then gold can jump a good bit due to
buying pressure. It takes buyers to offset sellers. Quite
often, a lot of sellers bunched up can indicate a gold spike
about to happen
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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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Blog Archive
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2009
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August
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Aug 27
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- No title
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- STUDY THE PREVIOUS LONGER TERM CHARTS TO SEE HOW W...
- THE BIG PICTURE
- A LARGER VIEW
- GOLD PULLS BACK TO THE TOP LINE OF THE RED DOWN FL...
- HOURLY S&P500 CHART (delayed prices)
- DAILY CHART OF T BONDS (delayed prices)
- HOURLY EURO CHART (delayed prices)
- 15 MINUTE DOLLAR CHART (delayed prices)
- NOT MANY BUYERS SHOWING, GOLD IS STALLING ONE TICK...
- NOTICE THE 260 SELLERS AT 95250
- EVENING GOLD OPENS UP STRONG
- 2:15 PM PDST AFTERNOON GOLD CLOSE
- No title
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- 5 MINUTE DOLLAR CHART (delayed prices)
- 5 MINUTE DOLLAR CHART (delayed prices)
- DOLLAR COLLAPSES, GOLD SHOULD MOVE MUCH HIGHER
- GOLD RALLIES WELL, NOW A PULL BACK, THEN HIGHER
- CAREFUL HERE...GOLD MAY FALL A GOOD BIT
- 15 MINUTE DOLLAR CHART (delayed prices)
- No title
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- A LARGER VIEW
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Aug 27
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August
(1088)