Depending on the direction gold takes, support should
occur first at the yellow top down flag line just exceeded
around 950, then at the previous consolidation area around
946.
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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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August
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Aug 23
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- GOLD HITS THE 75% RETRACE THEN PULLS BACK
- 5 MINUTE DOLLAR CHART (delayed prices)
- 5 MINUTE DOLLAR CHART (delayed prices)
- 5 MINUTE DOLLAR CHART (delayed prices)
- WHITE DOWN FLAG LINES REDRAWN, GOLD SHOULD RISE NE...
- GOLD MOVE UP TO BOTH RETRACE POINTS, MAY MOVE HIGH...
- POSSIBLE RETRACEMENT POINTS ON THE WAY UP
- GOLD RALLY MAY FIND RESISTANCE AT THE PREVIOUS LOW...
- GOLD DROPS BELOW THE BLUE UP FLAG ON 179 CONTRACT ...
- GOLD RETRACES BACK UP 75%
- GOLD TRADES WITHIN THE BLUE UP FLAG
- 5 MINUTE EURO CHART (delayed prices)
- 5 MINUTE DOLLAR CHART (delayed prices)
- GOLD RETRACES 75%, THEN BOUNCES, ALL ON LIGHT VOLUME
- GOLD MOVES UP ABOVE BOTH THE WHITE DOWN FLAG AND T...
- GOLD MOVES UP
- THE WHITE DOWN FLAG RESOLVES UP, THE BLUE UP FLAG ...
- SUNDAY EVENING GOLD OPENS DOWN BUT RALLIES, LIGHT ...
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Aug 23
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August
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