Friday, December 11, 2009

MORE CHARTS COMING OVER THE WEEKEND

I WILL BE DOING A LITTLE RESEARCH OVER THE WEEKEND
TO SEE HOW ALL THE PIECES FIT IN THIS MESS.

BOTTOM LINE IS...

BUY ALL THE GOLD AND SILVER YOU CAN BY ANY MEANS THAT YOU CAN USE, BECAUSE WHEN GOLD FINALLY CONFIRMS THIS AS A BOTTOM,
BUYERS ARE GOING TO POUR INTO PRECIOUS METALS
AND GOLD IS GOING TO

EXPLODE!

2:15PM PST AFTERNOON GOLD CLOSE







GOLD CONTINUES TRADING SIDEWAYS ALL THE WAY TO THE CLOSE


GOLD TRADES SIDEWAYS TO SLIGHTLY UP IN FRIDAY AFTERNOON TRADING




WHAT WILL GOLD DO AHEAD OF THE CRIMEX CLOSE?


LATE IN THE CRIMEX SESSION ON A FRIDAY GOLD STARTS TO MOVE UP MORE STRONGLY




THE WHITE DOWNTREND CHANNEL RESOLVES UP


A SHALLOW PULLBACK SHOWS STRENGTH


5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


AS SOON AS THE INTERVENTION STOPS, THE DOLLAR FALLS

GOLD STARTING TO MAKE HIGHER HIGHS AND HIGHER LOWS




THE ONLY THING LEFT TO SAY IS...AT SOME POINT, GOLD WILL GO BACK UP AND EVEN HIGHER


THE LONGS THAT GET IN HERE ARE GOING TO HANG
ON FOR THE LONG RUN UP...AND CERTAINLY SHOULD
IF THEY HAVE ANY COMMON SENSE LEFT

SIMPLY UNBELIEVABLE!!! THESE SELLERS ARE BEING FORCED OUT ON MARGIN CALLS


GOLD WILL PROBABLY RALLY STEADILY AFTER THE CRIMEX CLOSE IF WE DON'T GET A BIG RALLY SOMETIME DURING THE DAY SESSION


THIS GOLD MARKET COULD TURN ON A DIME IF
SOME LARGE ENTITIES DECIDE TO JUMP IN AT THIS
EXTREMELY FAVORABLE LEVEL FOR BUYERS

ANOTHER NEW LOW AT 1114.7, THIS IS GETTING RIDICULOUS


WHOEVER BUYS GOLD AT THIS LEVEL IS GOING TO BE
DELIRIOUSLY HAPPY IN THE DAYS AHEAD

GOLD MAKES ANOTHER LOW AND FALLS TO THE 40 DAY MOVING AVERAGE


GOLD RETESTS THE LOW


THE FINANCIAL/POLITICAL CRIMINALS ARE HAVING A BALL TODAY!


BUT THEIR DAY WILL COME, ALL TOO SOON...
AND THEY WILL ALL BEG FOR MERCY AND FORGIVENESS
FOR THE DESTRUCTION THEY HAVE CAUSED TO THE
ENTIRE PLANET

THE LARGER PICTURE


OVER 80,000 CONTRACTS SOLD OFF SINCE 5AM PST

GOLD STARTS TO RALLY AS EURO, YEN, OIL, STOCKS TURN UP


UP VOLUME IS INCREASING BUT PANICKED LONGS
WILL STILL CONTINUE TO SELL OUT ON ANY RISE
IN GOLD CAUSING A STAIR STEP PATTERN BACK UP

ANOTHER NEW LOW AT 1116


THIS IS HAPPENING BEFORE THE END OF THE YEAR
AND BEFORE THE ECONOMY COLLAPSES AND THE
DOLLAR IS REPLACED ONE NEW ONE FOR THREE OLD ONES
SO THAT THE 'ELITES' CAN GRAB UP ALL THE GOLD
ON THE CHEAP AND THROW THE REST OF US TO THE WOLVES

A LAST DROP ON PANIC SELLING OF OVER 2,000 CONTRACTS IN ONE MINUTE, NOW BACK UP?


NOTICE THIS ATTACK ON GOLD IS HAPPENING
FOR A SECOND TIME ON A FRIDAY WHEN MANY
TRADERS LIKE TO GET OUT OF THE MARKET BEFORE
THE WEEKEND.
WHEN GOLD FINALLY GOES BACK UP, IT IS GOING TO
BE THE RALLY OF YOUR LIFETIME, IF NOT OF ALL TIME.

VOLUME IS VERY STRONG AT THE BOTTOM INDICATING LOTS OF CONTRACTS CHANGING HANDS AS GOLD FORMS A BOTTOM


15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR MOVES HIGHER
THE PPT MUST BE BUYING EVERY DOLLAR ON THE PLANET
TO KEEP IT FROM FALLING INTO THE PIT OF HELL
WHERE IT WILL EVENTUALLY LAND

HEAVY VOLUME ON THE 2ND WAVE OF SELLING, BUT GOLD IS NOW BEGINNING THE RALLY UP ON DECENT VOLUME


GOLD USUALLY RETESTS THE LOW AND EVEN MOVES
A BIT LOWER BEFORE THE RALLY FINALLY GETS LEGS

GOLD FALLS TO THE YELLOW INTERMEDIATE LOWER UPTREND CHANNEL


ALL MARKETS BUT THE DOLLAR ARE MOVING LOWER
GOLD SHOULD RALLY FROM THIS LEVEL

THE MARKETS ARE SIMPLY NUTS TODAY AND TRADING IS VOLATILE!

THE SECOND YOU THINK YOU SEE A DIRECTION,
IT CHANGES

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR GETS ANOTHER HARD GOOSE UP BY THE PPT

GOLD MOVES LOWER AS EURO, YEN, OIL TURN BACK DOWN,


GOLD HITS THE 75% RETRACE POINT AS EXPECTED
ALWAYS BET ON THE FIBONACCI NUMBERS...THEY WORK!
NOW GOLD CAN MOVE BACK UP

EURO, OIL HEADED BACK UP, SHOULD HELP PULL GOLD HIGHER

HOURLY MARCH 2010 EURO CHART (delayed prices)


EURO DROPS TO THE BOTTOM OF ITS CURRENT
TRADING RANGE WHICH IS EITHER A LEDGE TO
FALL OFF OF, OR A BASE BUILDING FOR A MOVE BACK UP

GOLD TOUCHES THE PURPLE LOWER UPTREND CHANNEL LINE JUST ABOVE THE 75% RETRACE POINT


GOLD FALLS TO THE NEXT LOWER 75% RETRACE POING


A PHONEY RETAIL SALES REPORT
A CONCERTED ATTACK BY THE BULLION BANKS
INTERVENTION IN THE DOLLAR
THE MANIPULATORS ARE PULLING OUT ALL THE STOPS TODAY

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


A SHARP DROP THEN INTERVENTION CREATES
AN EQUALLY SHARP UP SPIKE
NORMAL MARKETS DON'T ACT LIKE THIS

BONDS MOVE BACK UP, EURO, YEN, OIL ALL DOWN HARD

STOCKS DOWN TOO, BUT NOT AS BAD

A LARGER VIEW



GOLD RETESTS THE MORNING'S LOW


GOLD RALLIES TO THE 1ST RETRACE POINT ON THE BOUNCE


NOW THE USUAL PULLBACK , THEN BACK UP



BONDS, YEN DROP FASTER, OIL DOWN, EURO DOWN BUT BOTTOMING


GOLD WILL PROBABLY MOVE BACK UP NOW

GOLD GETS SLAMMED HARD


STRONG DOWN VOLUME
GOLD PAUSED AT THE 1ST LOW THEN
GOT KNOCKED EVEN LOWER
LOOKS LIKE A PLANNED BULLION BANK ATTACK

GOLD HEADS LOWER ON THE CRIMEX OPEN


BONDS, YEN STARTING TO DROP, EURO RISING

5:15AM PST


4:52AM PST


GOLD AT THE TOP OF ITS CURRENT UPTREND CHANNEL

HOURLY DECEMBER DOLLAR CHART (delayed prices)


AS SOON AS INTERVENTION STOPS
THE DOLLAR FALLS

DAILY OF CHART OF MOVING AVERAGES


GOLD HAS RETRACED ALMOST 25% OF THE ENTIRE SELL OFF FROM THE TOP



GOLD RETRACES 75% OF THE LAST BIG DROP
FROM 1147.5 TO THE LOW AT 1117 IN A VERY
CAREFUL MANNER