Thursday, December 10, 2009



GOLD KEEPS INCHING HIGHER WITH LITTLE PULLBACK, COULD JUST KEEP GOING OVERNIGHT THEN SELL OFF BEFORE THE CRIMEX OPEN


GOLD MOVES UP AND OUT OF THE RED DOWN FLAG


FOUR HOUR DOLLAR CHART


THE LARGER PICTURE


GOLD IS SLOWLY WORKING ITS WAY BACK UP


GOLD IS FORMING A HORIZONTAL FLAG AND CONSOLIDATING TO MOVE HIGHER


GOLD BREAKS OUT ON STRONG VOLUME


GOLD MOVES ABOVE THE THIN WHITE DOWNTREND LINE, AND IS CONSOLIDATING FOR A MOVE HIGHER


GOLD RALLIES IN INITIAL AFTERNOON TRADING UP TO THE THIN WHITE DOWNTREND LINE THEN FALLS 75% QUICKLY




GOLD MOVES BACK DOWN AHEAD OF THE CRIMEX CLOSE THEN RALLIES JUST BEFORE THE CLOSE


GOLD WAS WELL TRADED TODAY WITH PLENTY OF
VOLUME, BUT DIDN'T REALLY GO ANYWHERE, A SIGN
OF A MARKET IN WHICH WEAK LONGS AND SHORTS
ARE TRADING POSITIONS AS THE MARKET REVERSES
DIRECTION FROM DOWN TO UP.
GOLD RESPECTED THE THIN BLUE SHORT TERM
UPTREND CHANNEL BOTTOM LINE TWICE AND JUST
BEFORE THE CRIMEX CLOSE WHICH INDICATES THE
NEW BOTTOM AREA FOR NOW.
AFTERNOON TRADING WILL BROADEN THE PICTURE
IF GOLD RALLIES THEN AND OVER NIGHT. TOMORROW
GOLD COULD SKYROCKET AHEAD OF THE WEEKEND.
I WOULD BE BUYING ALL THE GOLD AND SILVER POSSIBLE
AT THESE LEVELS AS SOON PRICES UNDER $1200 WILL BE
A THING OF ANCIENT HISTORY AND THOSE WHO BOUGHT
HERE WILL BE ECSTATIC OVER HAVING DONE SO.

GOLD TRADING IN A $10 RANGE SO FAR AND NOT RETRACING 75% IN EITHER DIRECTION


THE GOLD MARKET IS SORTING ITSELF OUT NOW
AFTER BEING SOLD DOWN SEVERELY AFTER SUCH
A TREMENDOUS RUN UP RECENTLY. KEEP YOUR
PERSPECTIVE. THIS PULL BACK, RELATIVE TO THE
GAINS, IS NOT THAT SEVERE. THE MOVE UP TO COME
WILL DAZZLE YOU!

GOLD FALLS RIGHT TO THE THINK BLUE UPTREND CHANNEL LINE AND RALLIES


GOLD APPEARS TO BE BATTLING BETWEEN THE
INCREASE IN UNEMPLOYMENT APPLICATIONS AND
THE ANXIETY OF BEING DRIVEN SO LOW SINCE FRIDAY
LAST. YESTERDAY'S AFTERNOON RALLY UP FROM THE LOW
AT 1117 HAS MOSTLY BEEN TAKEN BACK OVERNIGHT
AND THE CRIMEX SESSION IS NOTORIOUS FOR BASHING GOLD

CHANNELS WITHIN CHANNELS,


UPTREND CHANNELS RESOLVE DOWN
DOWNTREND CHANNELS RESOLVE UP
TAKE YOUR PICK
THE OLDER, LONGER CHANNELS PREDOMINATE
OVER YOUNGER, SHORTER CHANNELS

THE LARGER PICTURE


GOLD IS ON THE LOWS OF THE NEW YELLOW
INTERMEDIATE UPTREND CHANNEL WHICH INCLUDES
THE RECENT LOW AT 1117. THE BLUE DOWNTREND CHANNEL
RESOLVES UP

HOURLY MARCH 2010 T BOND CHART (delayed prices)


A COLLAPSE OF THE BOND MARKET IS THE FINAL
'PILLAR' OF SINCLAIR'S PILLARS OF GOLD. SEE
JSMINESET.COM FOR DESCRIPTION.

HOURLY MARCH 2010 EURO CHART (delayed prices)


EURO IN A TRADING RANGE ON ITS RECENT LOWS
ALSO IS ON A LEDGE THAT COULD RESOLVE LOWER,
BUT NOT LIKELY. MORE LIKELY BUILDING A BASE

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR IN A LARGE DOWN FLAG BUT DON'T EXPECT
IT TO RESOLVE UP. GENERAL TREND IS DOWN WITH
THE OCCASIONAL ABBERATION FROM INTERVENTION

7:40AM PST THURSDAY GT IS AWAKE AFTER THE 1ST 7 HOURS OF SLEEP IN A ROW FOR A LONG TIME

I'M JUST GETTING BACK UP TO SPEED AND WILL POST CHARTS SOON.