Monday, November 2, 2009

A $30 RISE SINCE FRIDAY HAS TO HAVE THE SHORTS CONCERNED


I'M SURE THEY DON'T WANT GOLD TO GO ANY
HIGHER THAN HERE. SO EXPECT AN ATTACK AT
ANY TIME NOW

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


GOLD CONTINUES HIGHER IN EVENING TRADING


GOLD HAS MOVED ABOVE THE WHITE DOWNTREND
CHANNEL TOP LINE. MAY GET BEAT DOWN SOON
BY THE BULLION BANKS

BONDS, YEN RISING, STOCKS, OIL, EURO FALLING FAST


STOCKS, OIL, EURO FALLING


5 MINUTE DECEMBER DOLLAR CHART (delayed prices)





5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


GOLD MOVES A BIT LOWER


STOCKS, EURO CONSOLIDATING ON THEIR HIGHS...COULD RISE BUT SHOULD FALL TAKING GOLD LOWER


BONDS, YEN RISING
NOT SUPPORTIVE OF HIGHER GOLD

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)




DELAYED CHART SHOWS DOLLAR DROPPED MUCH

FURTHER. TAKES ABOUT 15 MINUTES FOR DATA

TO CATCH UP TO THIS CHART

GOLD CONSOLIDATING AT ITS HIGHS, BUT COULD SELL OFF HARD IF IT DOESN'T MOVE HIGHER...AND IT PROBABLY WON'T




15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR FINALLY SHOWS A DROP
COULD BE FURTHER

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DELAYED CHARTS STILL NOT SHOWING A PLUNGE
IN THE DOLLAR

GOLD MOVES UP FURTHER TO THE BLUE TOP UPTREND CHANNEL LINE


STOCKS, EURO, OIL MOVE HIGHER, BONDS, YEN DOWN, GOLD SPIKES HIGHER


GOLD MOVES ABOVE THE YELLOW TOP UPTREND
CHANNEL LINE AND PULLS BACK AS STOCKS AND
EURO MOVE UP STRONGLY. THE SHORTS SHOULD
START TO POUND GOLD DOWN SOON.

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR MOVES UP ON INTERVENTION, SO GOLD
MAY MOVE LOWER

STOCKS, OIL, EURO TURN UP, BUT IMMEDIATELY BACK DOWN, SO DOES GOLD


BONDS UP, OIL DOWN...GOLD SHOULD BE MOVING LOWER


GOLD FALLS FUTHER


WHEN GOLD DOESN'T GO UP, IT GOES DOWN


EURO, STOCKS, OIL STILL MOVING LOWER


GOLD DOES HIT THE RETRACE POINT AND PULLS BACK



GOLD MOVES UP CAUTIOUSLY ON STRONG VOLUME


GOLD STALLING HERE BUT MAY JUMP UP TO THE
RETRACE POINT BEFORE PULLING BACK

BONDS, YEN CHOPPING SIDEWAYS, EURO, STOCKS, OIL TURNING DOWN


NOT MUCH MOVEMENT IN THE DOLLAR YET


10 MINUTES TO THE CRIMEX OPEN WITH ABOUT 155 SELLERS AT 1055


25 MINUTES TO THE CRIMEX OPEN...WILL WE GET A RALLY OR A SELL OFF?


15 MINUTE DECEMBER DOLLAR CHART (delayed prices)




15 MINUTE DECEMBER DOLLAR CHART (delayed prices)



NEW TOP UPTREND LINE REPOSITIONED TO INCLUDE THE NEW HIGH


SUDDEN SPIKE ON 1,444 CONTRACTS, THEN AN IMMEDIATE PULLBACK


ALL OTHER MARKETS STILL REMARKABLY QUIET
DOLLAR NOT SHOWING ANY BIG DROP


NO INDICATIONS FROM OTHER MARKETS THAT THIS GOLD SPIKE WOULD OCCUR


GOLD MAY PULL BACK TO THE TOP WHITE DOWNTREND
CHANNEL LINE, OR EVEN LOWER IF PROFIT TAKING
KICKS IN HARD




GOLD BREAKS ABOVE THE NEW WHITE DOWNTREND CHANNEL