Wednesday, December 30, 2009

15 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)


GOLD HITS THE 75% RETRACE POINT


GOLD MOVES UP QUICKLY AS FOREIGN MARKETS BECOME ACTIVE


GOLD CREEPS HIGHER, EURO IS NOW MOVING LOWER


GOLD MAKING HIGHER HIGHS


GOLD MOVES BACK UP TO IT'S RECENT HIGH, IS IT GOING HIGHER?


GOLD MOVES HIGHER THAN THE 75% RETRACE POINT ON LOW VOLUME


IS THIS AN INVERSE HEAD & SHOULDERS PATTERN?




GOLD MOVES UP IN EARLY EVENING TRADING


TONIGHT AND TOMORROW WILL BE WHEN GOLD
WOULD MAKE A BIG MOVE IN EITHER DIRECTION
BEFORE THE END OF THE YEAR. IT WILL NOT LIKELY
STAY FLAT HERE.
TOMORROW GOLD WILL HAVE NORMAL TRADING HOURS

GOLD ALMOST HITS THE 75% RETRACE POINT TODAY, IT MAY STILL


GOLD TRADES SIDEWAYS AHEAD OF THE AFTERNOON CLOSE AT 2:15PM PST




THE RED DOWN FLAG SHOULD RESOLVE UP, BUT WILL IT? AND IF SO, WHEN?


A WEAK AFTERNOON RALLY NOW PULLS BACK


GOLD PAUSES AT THE 1ST 75% RETRACE POINT


GOLD IS NOW BUILDING A SMALL LEDGE TO FALL
FURTHER FROM.

WILL GOLD TAKE IT ALL BACK NOW?


HOURLY DOLLAR CHART


FOR PERSPECTIVE

5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)


GOLD COULD MOVE UP SUDDENLY


BIG BATTLE THAT THE LONGS FINALLY WIN



THE 'U' SHAPED PATTERN REPRESENTS AN EXTENDED
BATTLE BETWEEN SHORTS AND LONGS THAT THE
LONGS FINALLY WIN. GOLD MANAGES TO STRUGGLE
BACK TO 1097, A PREVIOUS HIGH, WHERE GOLD STALLS
AND PULLS BACK. MAY STILL GO HIGHER

4:30AM PST WEDNESDAY


4:08AM PST WEDNESDAY




THE PULL BACK


WHOOPS!