Monday, August 24, 2009










HOURLY EURO CHART (delayed prices)


15 MINUTE DOLLAR CHART (delayed prices)


GOLD RE-OPENS RETRACING BACK UP 75%, A PULL BACK, THEN HIGHER




2:15 PM PDST AFTERNOON GOLD CLOSE






GOLD STILL SEARCHING FOR SUPPORT


GOLD NOT SHOWING STRENGTH HERE EXCEPT FOR THE BOUNCE


GOLD IS NOT THROUGH MOVING LOWER




GOLD GETS WHACKED


Gold should retest the lows and may even make a slightly
lower low before rallying



15 MINUTE DOLLAR CHART (delayed prices)



GOLD MOVING LOWER




GOLD GETS KNOCKED BACK DOWN AT THE CRIMEX



The pre-open rally consolidated at the top, but knocked
hit hard at the open. Gold has been going sideways since
Friday. This is a standoff to keep gold from moving above
960, but the buyers aren't backing off and holding it from
going below 955.
I'm waiting for a good dip to buy in again.

GT STAYED UP ALL NIGHT FOLLOWING GOLD

Finally shut my eyes at 4am pdst.
This gold market is going to kill me
as I try to find out when it's going to make
its moves.




5 MINUTE DOLLAR CHART (delayed prices)


GOLD JUMPS UP ON 175 CONTRACTS TO A PREVIOUS HIGH AND PULLS BACK


Euro still moving lower
Dollar still up