Monday, August 31, 2009

15 MINUTE DOLLAR CHART (delayed prices)


GOLD RISES TO THE WHITE DOWNTREND LINE, MAY GO MUCH HIGHER SUDDENLY


GOLD IS RESTING JUST ABOVE ALL THE MOVING AVERAGES


THE NEXT TWO HIGHER 75% RETRACE POINTS AS GOLD MOVES BACK UP


Gold is going to break through the 960 area soon and
head up to 980 and 1000, so be ready to hang on to some
of your long positions for possible huge up spike, which
will immediately be sold off for profit taking. We're entering
a time when it will be more and more difficult to take profits
and be able to buy back in on a pull back. The pull backs
will become fewer and more shallow as the flight to gold
builds momentum and gold could start moving in $50-$100 moves
both up and down, so be very conservative with your positions
and margins.

GOLD MOVES UP MAKING A NEW HIGH


GOLD CONTINUES SIDEWAYS IN EVENING TRADING


2:15 PM PDST AFTERNOON GOLD CLOSE


GOLD HITS THE 75% RETRACE POINT OF THIS MORNING'S SELL OFF



15 MINUTE DOLLAR CHART (delayed prices)


GOLD MOVES UP OUT OF THE WHITE DOWN FLAG


Euro rising fast
Dollar plunges

15 MINUTE DOLLAR CHART (delayed prices)


GOLD STILL MOVING UP WITHIN THE BLUE UPTREND CHANNEL


T BONDS PLUNGE, RALLY, PLUNGE AGAIN...DEC IS NEW FRONT MONTH


DEC T BONDS 5 MINUTE CHART (delayed prices)

GOLD MAKING NORMAL PROGRESS BACK UP


GOLD MOVES BACK ABOVE THE WHITE DOWN FLAG BOTTOM LINE WITH MINIMAL RESISTANCE


GOLD STILL CLIMBING BACK UP FOR NOW


There should be a pull back soon, then another rally.
This morning's sell off was nothing more than the manipulators
making sure gold didn't move above 960 for now.

15 MINUTE DOLLAR CHART (delayed prices)


THE CRIMEX MORNING BASH DOWN MOVES BACK UP







15 MINUTE DOLLAR CHART (delayed prices)