Tuesday, November 24, 2009

ANOTHER NEW HIGH




GOLD MAKES ANOTHER HIGH AT AN UNUSUAL TIME PERIOD AGAIN




GOLD SPIKES $5.50 ON 499 CONTRACTS


GOLD MAY RALLY IN EVENING TRADING




GOLD PULLING BACK BEFORE MOVING HIGHER




5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR SLIPS LOWER

GOLD TRYING TO BREAK OUT OF THE SMALL BLUE DOWNTREND CHANNEL



STOCKS, OIL MOVING HIGHER

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


GOLD FALLS TO THE 75% RETRACE POINT,THEN RALLIES




FEBRUARY 2010 GOLD OPEN INTEREST = 212K, NOW GREATER THAN DEC 2009 OI AT 193K AS ROLLOVER INTO THE NEW FRONT MONTH CONTINUES


DECEMBER 2009 GOLD OI= 193K

FEBRUARY 2010 GOLD OI = 212K

GOLD FALLS A BIT IN AFTERNOON TRADING, SHOULD RALLY SOON




BEFORE THE CLOSE




GOLD MAY SELL OFF INTO THE CRIMEX CLOSE THEN RALLY AFTER




GOLD CONTINUES TRADING IN A RANGE WITHING THE BLUE DOWNTREND RANGE/FLAG, SHOULD EVENTUALLY BREAK OUT HIGHER







THE RED DOWN TREND CHANNEL SHOULD RESOLVE UP




GOLD IS VERY VOLATILE THIS MORNING




5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR PLUNGES

TWO MINUTES TO THE CRIMEX OPEN




GOLD PULLS BACK AS EURO SLOWS AND CONSOLIDATES



GOLD IS BEING PUSHED DOWN AS IT APPROACHES
THE CRIMEX OPEN BUT COULD RALLY ON THE OPEN
ESPECIALLY IF IT IS PUSHED DOWN FIRST

THE GOLD BASHERS WILL BE WORKING OVERTIME NOW TRYING TO KEEP GOLD DOWN AHEAD OF THE CRIMEX OPEN




5 MINUTE DECEMBER EURO CHART (delayed prices)


EURO MOVES UP STRONGLY
SHOULD PULL GOLD HIGHER

GOLD HITS THE 75% RETRACE POINT PLUS SOME, NOW BACK DOWN?




GOLD RETRACES BACK UP AS THE EURO RISES, GOLD MAY GO HIGHER







GOLD MOVES LOWER AHEAD OF THE CRIMEX OPEN




10 MINUTE DECEMBER DOLLAR CHART (delayed prices)




A LITTLE PULL BACK HERE AND THEN HIGHER?




GOLD DOES THIS ALMOST EVERY NIGHT AT THE SAME HOURS