Friday, October 30, 2009

REMEMBER TO SET YOUR CLOCKS 'BACK' ONE HOUR THIS WEEKEND

YOU GET AN EXTRA HOUR OF SLEEP
OR WILL BE EARLY TO CHURCH ON SUNDAY
IF YOU FORGET

2:15 PM PDST AFTERNOON GOLD CLOSE


GOLD STAYS WITHIN THE LARGE WHITE DOWNTREND CHANNEL FOR NOW


GOLD CLIMBS BACK TO WHERE IT STARTED AND STOPS AT THE WHITE DOWNTREND LINE




5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOW DOWN 230

EURO, OIL FALLING
BONDS, YEN RISING
DOLLAR FELL, BUT MOVED UP AGAIN
BUT NOT TO ITS HIGHS

HOURLY CHART OF THE S&P 500 (delayed prices)


5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


GOLD SHOULD MOVE LOWER


DOW DOWN 180
OIL, EURO DOWN
BONDS, YEN UP
GOLD GOING DOWN



GOLD MAY FALL TO THE NEXT LOWER RETRACE POINT


15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


GOLD KEEPS MOVING LOWER



DOW DOWN 130
EURO FALLING
OIL FALLING
BONDS, YEN MOVE UP
DOLLAR HIGHER

GOLD MOVES LOWER




15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


LOOKS LIKE GOLD WILL BE MOVING LOWER


STOCKS, OIL, EURO HEADING LOWER AGAIN
YEN UP
DOLLAR HIGHER

GOLD MAKING LOWER HIGHS AND LOWER LOWS


EVERYTHING IS MOVING LOWER EXCEPT THE DOLLAR, GOLD SHOULD MOVE LOWER


TRENDLINES REDRAWN TO INCLUDE LATEST LOW

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


GOLD FALLING FAST ON STRONG VOLUME




WHAT A WILD REACTION IN BOTH DIRECTIONS




GOLD SELLS OFF, THE EXPLODES EVEN HIGHER,


NOW GETS BEAT BACK DOWN.


TALK ABOUT VOLATILITY


I BET THERE ARE LOTS OF TRADERS THAT ARE


SCREAMING RIGHT NOW

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


A LAST TOPPING BLIP UP, THEN GOLD FALLS BACK, STANDARD TOPPING ACTION


GOLD STALLING HERE, WILL PROBABLY FALL NOW


DOLLAR RISING, BUT OTHER MARKETS ARE MOVING IN CONTRADICTION, HARD TO TELL WHAT GOLD WILL DO


GOLD MOVING UP ON LIGHT VOLUME BUT COULD
FALL BACK ON STRONGER DOLLAR.
THE OTHER MARKETS ARE NOT THAT STRONG IN
FAVOR OF GOLD RIGHT NOW

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR MOVES HIGHER

A HALF HEARTED RALLY HERE, MAY FALL LOWER




5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


GOLD FALLS TO THE YELLOW BOTTOM DOWNTREND CHANNEL LINE, MAY NOT HOLD HERE EITHER


STOCKS, OIL, EURO ALL STARTING TO FALL FAST
BONDS, YEN TURN BACK UP
NOT SUPPORTIVE OF HIGHER GOLD

GOLD FINDS SUPPORT ON THE BLUE UPTREND CHANNEL LINE, BUT IT WON'T HOLD




ABOUT 100 BUYERS AT 1042, BUT GOLD SHOULD

FALL RIGHT THROUGH THEM AND MOVE LOWER

BONDS, STOCKS, OIL, EURO, YEN ALL STARTING TO TURN LOWER


5 MINUTE DOLLAR CHART (delayed prices)

LOTS OF PROFIT FROM YESTERDAY'S RALLY TO TAKE BACK IF GOLD DOESN'T MOVE HIGHER


REMEMBER THIS RULE!
IF GOLD DOESN'T MOVE UP, IT MOVES DOWN1

GOLD FALLS TO A BLOCK OF BUYERS AT 1042 AREA, RALLIES TO THE LAST HIGH, THEN FALLS BACK


THE SHORT MANIPULATORS DON'T WANT A REPEAT OF \

YESTERDAY'S RALLY AND SHOULD BE HITTING GOLD HARD

TODAY

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR MOVING UP, SHOULD PUSH GOLD DOWN
EVEN THOUGH STOCKS, EURO, YEN, OIL, BONDS
ARE ALL INCHING UP RIGHT NOW

GOLD IS ON A LEDGE AND READY TO FALL OFF IT


STOCKS, EURO,YEN, OIL ALL DOWN, DOLLAR JUMPS UP, BONDS MOVING UP...GOLD WILL PROBABLY GET WHACKED ON THE OPEN


15 MINUTE DECEMBER EURO CHART (delayed prices)


5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


GOLD SLIPS AHEAD OF THE CRIMEX OPEN


GOLD MAY FALL BEFORE, OR ON, THE CRIMEX OPEN


GOLD PULLS BACK IN OVERNIGHT TRADING




Thursday, October 29, 2009