Wednesday, November 11, 2009
NEW GOLD HIGHS, THEN GOLD GETS HIT AND DROPS FAST
DOWN VOLUME IS MODERATE BUT GOLD DROPS
QUICKLY ON PROFIT TAKING WHEN GOLD DOESN'T
RISE FAST ENOUGH AFTER THE 1ST PULLBACK
GOLD HAS RISEN SO MUCH THAT TRADERS ARE GOING
TO BE QUICK TO TAKE PROFITS IF IT DOESNT' KEEP
RISING
THE WHITE UPTREND CHANNEL COULD RESOLVE LOWER BEFORE THE RED DOWN FLAG RESOLVES UP
GOLD IS NEAR ITS HIGHS, SO THERE MAY BE SOME
PROFIT TAKING BEFORE MOVING HIGHER
5 MINUTE DECEMBER DOLLAR CHART (delayed prices)
DOLLAR'S LITTLE UPTREND CHANNEL WILL
RESOLVE DOWN SOON
GOLD JUMPS TO A NEW HIGH ON 1500 CONTRACTS THEN PULLS BACK
EURO DID NOT MOVE UP ON THIS GOLD MOVE
STOCKS STILL UP
BONDS TURN UP
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