THIS IS THE TIME PERIOD WHEN GOLD MAKES SOME
OF ITS BIG MOVES. WILL IT GO HIGHER?
Tuesday, December 22, 2009
GOLD RALLIES TO A 75% RETRACE POINT THEN PULLS BACK TO A 61.8% POINT
I HAVE A FEELING GOLD IS GOING TO RISE OVER
NIGHT. THESE PRICES ARE JUST TOO LOW TO BE
IGNORED.
GOLD HAS NOW RETRACED 75% OF THE LAST BIG DOWN MOVE, IT'S TIME FOR A PULL BACK
GOLD IS UP AGAINST THE WHITE DOWNTREND LINE
WHICH SHOULD BE A RESISTANCE AREA
GOLD WILL PULL BACK SOON, THEN MOVE BACK UP IN STEPS
SHORTS STARTING TO COVER AND THE ELITES
ARE NOW ACQUIRING THEIR 'CHEAP' GOLD
GOLD MOVING LOWER AS EURO FALLS
THIS HAS BECOME RIDICULOUS.
WHOEVER BUYS IN DOWN HERE IS GOING TO BE
ONE HAPPY GOLD OWNER
THESE MARKETS HAVE NOW BECOME SO WILD IT IS IMPOSSIBLE TO GIVE YOU RELIABLE INFO THAT IS USABLE
I WILL POST CHARTS THAT GIVE YOU A GENERAL
OVERVIEW OF WHAT IS HAPPENING AS BY THE TIME
I POST CHARTS ON EVERY LITTLE MOVE, THEY ARE
ALREADY USELESS AS THE MARKETS HAVE CHANGED
COMPLETELY. JUST LET THE MARKETS CALM DOWN
BEFORE TRADING. MAY TAKE UNTIL AFTER THE NEW
YEAR TO RETURN TO ANYTHING RESEMBLING 'NORMAL
TRADING'... AS IF THERE IS SUCH A THING ANYMORE
5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)
THE PPT IS PULLING ALL THE LEVERS AND PUSHING
ALL THE BUTTONS TODAY
GOLD GOING LOWER? THIS IS SIMPLY A BEAR RAID BY THE BULLION BANKS
OIL AND EURO DOWN
STOCKS SWINGING WILDLY
BONDS, YEN DOWN
VERY WILD MARKET
TOTAL MANIPULATON OF THE DOLLAR AND GOLD
BY THE PPT AND BULLION BANKS
GOLD MOVES BACK UP TO THE 75% RETRACE POINT AND IMMEDIATELY PULLS BACK
'SELL THE RALLY' IS THE DOMINANT THEME FOR NOW
AS DAN NORCINI SAID IN HIS COMMENTS LAST NIGHT
THE EUPHORIA OF THE WEAK GDP REPORT APPEARS TO HAVE WORN OFF AND THE SELLING PRESSURE GOES BACK ON GOLD
MAYBE GOLD WILL MOVE UP AFTER ALL
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