Wednesday, December 16, 2009
ALL MARKETS GO CRAZY ON THE FOMC REPORT
GOLD RALLIES AFTER THE CRIMEX CLOSE UP TO THE BLUE TOP DOWNTREND CHANNEL LINE
GOLD CONTINUES TO CONSOLIDATE IN THIS RED DOWN FLAG AND SHOULD RESOLVE UP, BUT THE CLOSER TO THE FOMC REPORT THE LESS LIKELY A MOVE WILL OCCUR
GOLD PUSHES A LITTLE HIGHER AS IT TOPS, THE CLASSIC SUCKER PLACE TO BUY IN
VOLUME STILL BUILDING, COULD BE TOPPING HERE
GOLD BREAKS OUT OF THE WHITE DOWNTREND CHANNEL AND MOVES ABOVE THE 755 RETRACE POINT AT 1135.1
GOLD MOVING HIGHER ON STRONGER VOLUME
YESTERDAY'S TIC REPORT FOR OCTOBER
http://treas.gov/press/releases/tg443.htm
NET NEGATIVE $13.9 BILLION
BUT THE REAL INFO IS IN THE DETAILS
NET NEGATIVE $13.9 BILLION
BUT THE REAL INFO IS IN THE DETAILS
THE FOMC REPORT IS OUT AT 11:15AM PST TODAY
THAT IS WHEN GOLD TRADING WILL ONCE AGAIN GO CRAZY FOR
A FEW MINUTES. UNTIL THEN,GOLD COULD TRADE FAIRLY QUIETLY
AS TRADERS WAIT FOR THE REPORT.
A FEW MINUTES. UNTIL THEN,GOLD COULD TRADE FAIRLY QUIETLY
AS TRADERS WAIT FOR THE REPORT.
Subscribe to:
Posts (Atom)