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The old blog would not allow me to post more charts, saying I exceeded the FREE quota of space. Nothing else will change.
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Friday, October 2, 2009
EURO, STOCKS TURNING UP...GOLD SHOULD RALLY ON THE OPEN
GOLD IS FINDING SUPPORT AT THE LOWS REPEATEDLY THE SHORTS COULD ATTEMPT TO BOMB GOLD ON THE OPEN, OR JUST BEFORE TO SHAKE THE MARKET BUT GOLD SHOULD BE ABLE TO PUT IN A GOOD RALLY FROM THIS LEVEL IF THERE REALLY IS SUPPORT AROUND 998
VERTICALWHITE LINES DESIGNATE THE START AT 5:20AM PDST OF THE DAY SESSION COMEX OPEN THE VERTICALBLUE LINES DESIGNATE THE 10:30AM PDST CLOSE OF THE COMEX DAY SESSION VERTICALGREEN LINE DESIGNATES MARKET OPENING AT 3:00PM PDST ON SUNDAY THE VERTICALRED LINE SHOWS WHERE WHERE COMEX GOLD CLOSES AT 2:15PM PDST COMEX REOPENS ON THE VERTICALORANGE LINE AT 3:00PM PDST VERTICALPINK 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...