Sunday, October 11, 2009

GOLD MOVES UP OUT OF THE RED DOWN FLAG, SHOULD GO MUCH HIGHER

GOLD MOVING HIGHER THROUGH THE RETRACEMENT POINTS


GOLD GETS STOPPED AT THE SHORT TERM RED DOWNTREND LINE, BUT SHOULD KEEP MOVING HIGHER

30 MINUTE DOLLAR CHART (delayed prices)

EURO RISING, DOLLAR SLIPPING, GOLD STARTS BACK UP

GOLD MAY FALL, BUT SHOULD RALLY QUICKLY

30 MINUTE DOLLAR CHART (delayed prices)


DOLLAR RISES BUT WON'T LAST THERE FOR LONG

DOLLAR IS UP, GOLD MAY DIP LOWER TO THE NEXT RETRACE POINT BEFORE RALLYING

GOLD MAY FALL A BIT LOWER BEFORE RALLYING

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)

GOLD RETRACES NEAR THE 2ND RETRACE POINT AT 1050.40

EURO FALLING, STOCKS, OIL STARTING TO TURN DOWN

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)

WILL GOLD RESOLVE UP OUT OF THIS RED DOWN FLAG, OR RETRACE LOWER?

GOLD STALLS NEAR THE BLUE TOP UPTREND CHANNEL LINE AND JUST BELOW THE NEXT 75% RETRACT POINT


ANOTHER PULL BACK POINT THAT ALSO CORRESPONDS TO THE WHITE TOP DOWNTREND LINE WHERE
SUPPORT SHOULD BE FOUND

GOLD COULD MOVE UP TO THE 75% POINT AND THEN PULL BACK, OR PULL BACK FROM HERE FIRST
THEN GO UP TO THE RETRACE POINT OR HIGHER

GOLD BREAKS UP AND OUT OF THE WHITE DOWNTREND CHANNEL


NOW A PULLBACK TO, OR NEAR, THE TOP WHITE DOWNTREND LINE FOR SUPPORT, THEN BACK UP

GOLD PULLS BACK THEN MOVES BACK UP, SHOULD MOVE HIGHER

SUNDAY EVENING GOLD MOVES HIGHER AS DOLLAR FALLS