THE BIG PICTURE

THIS WEEK'S GOLD TRADING

TODAY'S TRADING

2:15 PM PST AFTERNOON GOLD CLOSE

GOLD HAS TRANSITIONED INTO ITS USUAL AFTERNOON SIDEWAYS CHOP

GOLD COULD FALL INTO THE CRIMEX CLOSE THEN RALLY IN AFTERNOON TRADING

STOCKS, OIL, EURO ALL TURNING DOWN, BONDS, YEN MOVING UP

GOLD MAY PULL BACK MORE NOW

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)

BONDS, YEN STARTING TO RISE AGAIN, STOCKS, OIL TURNING DOWN, EURO ON ITS HIGHS

BONDS PLUMMET, STOCKS, OIL EURO ZOOM HIGHER, YEN PULLS BACK A BIT, DOLLAR SINKS

GOLD IS PLAYING WITH THE $1100 RESISTANCE LINE

MAY BLOW THROUGH IT TODAY

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)

DOLLAR DROPS HARD AS STOCKS, OIL, EURO ALL

ZOOM BACK UP

BE CLEAR THAT GOLD BACKED AWAY FROM $1100 BECAUSE IT IS A PSYCHOLOGICAL BARRIER

THE SHORTS DON'T WANT TO CROSS IT
AND THE LONGS TOOK THEIR PROFIT BEFORE
THE SHORTS COULD HIT THEM
THE NEXT RUN AT IT, OR THE 2ND ATTEMPT
TO CROSS IT, WILL SUCCEED AND GOLD COULD
TAKE OFF BIG TIME

RED DOWN FLAG RESOLVES UP

GOLD SHOULD PULL BACK HERE BEFORE THE NEXT GOOD RALLY

STOCKS, OIL TURNING HIGHER

YEN EVEN HIGHER

BONDS TURNING UP AFTER A GOOD PULL BACK

EURO TURNING DOWN AFTER A GOOD RISE

GOLD SHOULD PULL BACK SOME MORE AS

EURO PULLS BACK, ESPECIALLY WITH A HIGHER DOLLAR

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)

DOLLAR HAS MOVED HIGHER

GOLD HITS THE RETRACE POINT, MAY PULL BACK BEFORE GOING HIGHER

BONDS COMING DOWN, STOCKS BOTTOMING, EURO HAS MOVED UP, YEN STILL UP, OIL ON ITS LOWS

GOLD DECIDES TO MOVE HIGHER OUT OF THE CONSOLIDATION INSTEAD BUT IS STALLING A BIT, COULD PULL BACK

GOLD ALMOST ALWAYS FOOLS YOU.

JUST WHEN YOU THINK IT IS TAKING OFF HIGHER,

IT ALMOST ALWAYS DOES GO DOWN TO RETEST THE LOW

OR A BIT LOWER, JUST LIKE IT APPEARS TO BE DOING

RIGHT NOW

THIS IS WHY YOU MUST ONLY BUY IN ON SEVERE DIPS

TO GET A GOOD ENOUGH BUY IN PRICE TO WEATHER

THE VOLATILITY WITHOUT GOING UPSIDE DOWN

THIS CURRENT CONSOLIDATION IS AN UPSIDE DOWN FLAG

THAT COULD RESOLVE DOWN MUCH LOWER

BE CAREFUL

GOLD STILL SLIPPING TO RETEST THE LOW BEFORE RALLYING..BE PATIENT

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)

DOLLAR MOVES HIGHER INITIALLY, THEN MOVES DOWN

SHOULD BE GOOD FOR GOLD SOON

NOW THE PULL BACK, THEN A GOOD RALLY

BONDS, YEN STILL WAY UP

STOCKS, OIL, EURO WAY DOWN BUT BOTTOMING

GOLD COLLAPSES, SHOULD RETEST THE LOWS OR EVEN GO A BIT LOWER BEFORE THE BIG RALLY

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)

GOLD ACTION BECOMING LESS HECTIC, COULD PULL BACK NOW ON PROFIT TAKING BEFORE ANY MORE RALLIES

ANOTHER NEW HIGH IN SPITE OF FALLING STOCKS, OIL, AND EURO

TRYING TO OUTGUESS GOLD IS FUTILE.

JUST BUY THE BIG DIPS AND HOLD ON

A NEW HIGH BY ONE TICK, THEN A PULL BACK...TOPPING ACTION

GOLD FLYING UP AND DOWN LIKE CRAZY

BONDS, YEN ZOOM HIGHER

STOCKS, OIL, EURO COLLAPSE

GOLD STILL MOVING HIGHER

OVER 1,000 CONTRACT PER MINUTE, NOW CALMING DOWN JUST A BIT

GOLD TRADES WILDLY ON THE JOBS REPORT, FIRST UP, THEN WAY DOWN, THEN RIGHT BACK UP VERY FAST

GOLD ZOOMS, PULLS BACK QUICKLY, GOES RIGHT

BACK UP

CAN BE TRADED IF YOU ARE LIGHTNING FAST

OPENING ACTION...WAIT FOR THE JOBS REPORT IN FIVE MINUTES