Tuesday, September 29, 2009

11:44PM PDST

15 MINUTE DECEMBER DOLLAR CHART (delayed prices) 11:44PM PDST

GOLD MOVES HIGHER

8:06PM PDST UNUSUALLY LARGE BOUTS OF STRONG VOLUME THIS EVENING..NOT SURE WHAT'S GOING ON RIGHT NOW

GOLD MOVES UP ON SOME GOOD VOLUME IN AN UNUSUALLY EARLY HOUR


15 MINUTE DECEMBER DOLLAR CHART (delayed prices) 7:10 PM PDST

6:20PM PDST GOLD'S SHORT TERM UPTREND CHANNEL


4:40PM PDST GOLD TRADES CALMLY IN THIS TIME PERIOD, WILL GET MORE ACTIVE NEAR MIDNIGHT PDST

EVENING GOLD OPENS GAP UP ON 35 CONTRACTS AND BARELY MOVES


2:15 PM PDST AFTERNOON GOLD CLOSE

GOLD CONTINUES TO BE HELD UNDER $1000 LEVEL BUT BUYERS ARE GETTING STRONGER


MORE 'TUG OF WAR' TRADING ACTION TODAY WITH BUYERS MANAGING TO PUSH GOLD UP,
BUT THE 'MANIPULATORS' ARE DOING EVERYTHING IN THE BOOK TO KEEP GOLD DOWN.
THEY WILL LOSE THE BATTLE AND HAVE TO COVER THEIR SHORT POSITIONS, WHICH
WILL DRIVE GOLD UP LIKE A ROCKET LAUNCH VERY SOON.
THE GUV'MINT'S FISCAL YEAR ENDS ON SEPT 30TH AND WILL TRIGGER A LOT OF DISCLOSURES
OF FINANCIAL NUMBERS AND OBLIGATIONS THAT WILL EXPOSE THE GUV'MINTS BANKRUPT CONDITION EVEN MORE AND SHAKE UP THE MARKETS IN A NEGATIVE WAY.
SINCLAIR'S COUNTDOWN TO ECONOMIC ARMAGEDDON IS RIGHT ON SCHEDULE

GOLD SPIKES


GOLD DROPS BELOW THE UPTREND CHANNEL TO THE 1ST 75% RETRACE POINT

15 MINUTE DECEMBER DOLLAR CHART (delayed prices) 8:48AM PDST

GOLD TURNED BACK FROM THE HIGHS, PULLS BACK TO THE PURPLE UPTREND CHANNEL LINE


STOCKS, YEN, EURO, OIL ALL TURN DOWN
SHOULD PULL GOLD LOWER

RED UP FLAG RESOLVES DOWN, SO DOES THE BLUE UPTREND CHANNEL


GOLD STARTS TO PULL BACK


STOCKS, OIL, EURO TURN DOWN
BONDS RISE

15 MINUTE DECEMBER DOLLAR CHART (delayed prices) 7:48AM PDST


DOLLAR MAKES ANOTHER HIGH BUT PULLS BACK A GOOD BIT

GOLD BREAKS OUT OF THE NEW RED DOWN FLAG BUT PULLS BACK AT 994


GOLD MAY HAVE MOVED ALL IT'S GOING TO TODAY IN THE CRIMEX SESSION
TRADERS ARE STARTING TO SELL UNDER THE HIGH OF THE DAY

GOLD PULLS BACK AFTER RETRACING BACK UP 75%


GOLD MOVES BACK UP

STOCKS, OIL PLUNGE, EURO FALLS TAKING GOLD LOWER

GOLD PULLS BACK IN THE NEW RED DOWN FLAG


GOLD PULLS BACK AFTER A VERY STRONG UP MOVE TO THE 75% RETRACE POINT


GOLD FINDING SUPPORT ABOVE THE PULL BACK RETRACE POINT AND THE TOP
LINE OF THE RED DOWN FLAG, THE USUAL PLACES WHERE GOLD FINDS SUPPORT
BEFORE MOVING BACK UP
GOLD STILL HAS A LITTLE HIGHER TO GO TO ACTUALLY TOUCH THE 75% RETRACE POINT
UP AT 995 WHICH IT COULD DO BEFORE FALLING BACK A GOOD BIT

GOLD BREAKS OUT OF THE RED DOWN FLAG WITHOUT PULLING BACK FAR, A GOOD SIGN FOR HIGHER GOLD

RED DOWN FLAG SHOULD RESOLVE UP AFTER GOLD MOVES LOWER

15 MINUTE DECEMBER DOLLAR CHART (delayed prices) 6:30AM PDST


DOLLAR PULLS BACK AFTER MAKING A NEW HIGH
THIS IS TOPPING ACTION
SHOULD HELP GOLD MOVE HIGHER THE MORE THE DOLLAR FALLS
BUT GOLD MAY RETRACE MORE BEFORE IT MOVES HIGHER

STOCKS, OIL, EURO PULLING BACK AFTER A GOOD MOVE UP, PULLS GOLD DOWN


GOLD WILL PROBABLY PULL BACK A GOOD BIT AFTER THIS STRONG UP MOVE
BEFORE RALLYING IN A SECOND LEG HIGHER

NEXT HIGHER 75% RETRACE POINT IS AT 995, ALSO A PREVIOUS TOP

GOLD WILL PULL BACK NOW THEN MOVE BACK UP


GOLD HITS THE NEXT 75% RETRACE POINT
WILL PULL BACK A GOOD BIT, OR STAY HERE AND CONSOLIDATE TO MOVE HIGHER

STOCKS, OIL, EURO ALL TURNING HIGHER


GOLD IS GRINDING OUT HIGHER HIGHS IN THIS BATTLE WITH THE SHORTS
SOON THE SHORTS WILL HAVE TO COVER THEIR POSITIONS
AND GOLD WILL SPIKE UP

GOLD BEGINS TO MOVE HIGHER AS SHORTS TRY TO KEEP IT DOWN


STOCKS RISING FAST
OIL TURNS DOWN
EURO STILL TRYING TO TURN HIGHER
BONDS FALLING HARD

RETRACEMENT POINTS ON THE WAY UP


EURO MOVING HIGHER NOW

GOLD IS NOW MOVING HIGHER OUT OF THE CONSOLIDATION WHERE IT BUILT ENERGY TO MOVE HIGHER

GOLD SHOULD MOVE UP NOW


15 MINUTE DECEMBER DOLLAR CHART (delayed prices) 5:35AM PDST

GOLD SHOULD PULL BACK TO RETEST THE LOWS BEFORE MOVING HIGHER


GOLD IS NOT THROUGH FALLING YET

15 MINUTE DECEMBER DOLLAR CHART (delayed prices) 5:12AM PDST