WHEN TRADING A RANGE LIKE THIS, DO NOT BE GREEDY1
JUST TAKE THE MIDDLE OF THE RANGE BY GETTING OUT
THE SECOND STALLS AS IT MOVES UP OFF THE LOWS.
DO NOT SHORT GOLD....EVER!....ESPECIALLY AT THIS LEVEL,
UNLESS YOU ARE SUICIDAL
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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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December
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Dec 07
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- GOLD FALLS AS EURO, STOCKS, OIL FALL
- GOLD MOVES DOWN TO THE 75% POINT AND MOVES BACK UP
- GOLD RISES AS IT NEARS THE YELLOW UPTREND LINE
- THIS IS THE TIME PERIOD, THROUGH MIDNIGHT PST, WHE...
- GOLD CONTINUES TO MOVE UP AND OUT OF THE RED DOWN ...
- GOLD SHOULD MOVE UP OUT OF THE RED DOWN FLAG, BUT ...
- STOCKS, OIL RISING, EURO STILL DOWN A BIT, YEN DOWN
- GOLD IS NOW TRADING LIKE TRADERS HAVE FINALLY FIGU...
- A NORMAL PULLBACK AFTER A GOOD UP MOVE, NOW BACK UP?
- GOLD MOVED BACK UP MORE THAN 75% OF THE DOWN MOVE,...
- GOLD CLIMBING BACK UP STEADILY ON LIGHT VOLUME
- 5 MINUTE DECEMBER DOLLAR CHART (delayed prices)
- AS IT DOES SO OFTEN, GOLD TAKES BACK MOST OF THE E...
- THE WHITE DOWNTREND CHANNEL RESOLVES UP
- GOLD PULLS BACK EXACTLY TO THE 75% RETRACE POINT F...
- 8:55PM PST
- WILL THIS RED DOWN FLAG RESOLVE HIGHER?
- GOLD RISING IN A 2ND LEG UP
- EURO MOVING BACK UP, GOLD FOLLOWING
- GOLD DOWN 50% OF THE EARLIER RUN UP
- GOLD BREAKS BELOW THE RED DOWN FLAG
- EURO. STOCKS MOVING LOWER DRAGGING GOLD LOWER
- GOLD IS 'COILING' AND BUILDING ENERGY WITHIN THIS ...
- 5:340PM PST
- GOLD STILL SHOWING STRENGTH, A LITTLE MORE PULL BA...
- GOLD COULD PULL BACK MORE OR MOVE HIGHER FROM HERE
- GOLD CONSOLIDATING IN A RED DOWN FLAG, COULD BREAK...
- GOLD RISING QUICKLY IN EARLY EVENING
- GOLD FALL FURTHER
- GOLD ONLY PULLS BACK TO THE PREVIOUS LOW, BUT MAY ...
- GOLD CONTINUES TO PULL BACK MAKING LOWER LOWS
- GOLD BREAKS OUT OF THE RED DOWN FLAG, RETRACE UP 7...
- GOLD RISES INTO THE CRIMEX CLOSE AFTER EXCEEDING A...
- GOLD IS UP AGAINST THE PREVIOUS HIGH WHICH IS RESI...
- GOLD BREAKS OUT ON GOOD VOLUME, THERE COULD BE SOM...
- THIS LAST UP MOVE IS A GOOD SIGN THAT GOLD CAN CON...
- BUT OF COURSE, THEN GOLD KEEPS MOVING HIGHER AND M...
- THIS IS WHERE YOU WOULD SELL THIS UP MOVE AS IT HI...
- GOLD VIOLATES THE BLUE UPTREND CHANNEL BOTTOM LINE...
- GOLD IS RESPECTING THE BLUE UPTREND LINE SO FAR
- 5 MINUTE DECEMBER DOLLAR CHART (delayed prices)
- SEE THE YELLOW TRADING RANGE?
- 15 MINUTE MARCH 2010 EURO CHART (delayed prices)
- SIX HOUR DOLLAR CHART
- 15 MINUTE DECEMBER DOLLAR CHART (delayed prices)
- GOLD MAY FOLLOW THIS BLUE UPTREND CHANNEL, BUT COU...
- 75% RETRACEMENTS BOTH UP AND DOWN AS GOLD TRADES S...
- NEW WHITE INTERMEDIATE UPTREND CHANNEL LINES DRAWN...
- AT THE 1138 LOW 18,000 CONTRACTS WERE TRADED AS GO...
- GOLD BREAKS BELOW THE WHITE INTERMEDIATE UPTREND C...
- GOLD CONTINUES TO FALL SUNDAY AND OVERNIGHT AS IT ...
- GT RUNNING BEHIND THIS A.M. AS TEMPS IN NO. IDAHO ...
- GOLD FALLS BACK TO THE LOW
- No title
- 12:18AM PST
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Dec 07
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December
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