GOLD MAY FALL TO THE 75% RETRACE POINT
OR LOWER BEFORE PUTTING IN THE REAL RALLY
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This is Goldtrader's New Blog Site. The old blog would not allow me to post more charts, saying I exceeded the FREE quota of space. Nothing else will change. YOU NEED TO REFRESH THE PAGE TO SEE MY CONSTANT UPDATES
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CHART LEGEND
VERTICAL WHITE LINES DESIGNATE THE START AT 5:20AM PDST OF THE DAY SESSION COMEX OPEN
THE VERTICAL BLUE LINES DESIGNATE THE 10:30AM PDST CLOSE OF THE COMEX DAY SESSION
VERTICAL GREEN LINE DESIGNATES MARKET OPENING AT 3:00PM PDST ON SUNDAY
THE VERTICAL RED LINE SHOWS WHERE WHERE COMEX GOLD CLOSES AT 2:15PM PDST
COMEX REOPENS ON THE VERTICAL ORANGE LINE AT 3:00PM PDST
VERTICAL PINK LINES DESIGNATE MIDNIGHT PDST
THE ORANGE HORIZONTAL LINES I USE TO SHOW WHERE PREVIOUS TOPS ARE WHERE GOLD WILL RUN UP TO AND STOP, PULL BACK, OR BREAK THROUGH...
THE HORIZONTAL PALE BLUE LINE INDICATES YESTERDAY'S CLOSE PRICE
THE HORIZONTAL GREEN LINE(S) INDICATE MY LONG POSITION(S)
DAYS OF THE WEEK ARE LABELED AND THE DATES ARE AT THE BOTTOM OF THE CHART ALONG WITH TIMES OF EACH CANDLESTICK THE TIME PERIOD OF THE CHART IS IN THE TOP LEFT CORNER AND DESIGNATES THE LENGTH OF TIME EACH VERTICAL PRICE CANDLESTICK COVERS...
THE VERTICAL BLUE LINES DESIGNATE THE 10:30AM PDST CLOSE OF THE COMEX DAY SESSION
VERTICAL GREEN LINE DESIGNATES MARKET OPENING AT 3:00PM PDST ON SUNDAY
THE VERTICAL RED LINE SHOWS WHERE WHERE COMEX GOLD CLOSES AT 2:15PM PDST
COMEX REOPENS ON THE VERTICAL ORANGE LINE AT 3:00PM PDST
VERTICAL PINK LINES DESIGNATE MIDNIGHT PDST
THE ORANGE HORIZONTAL LINES I USE TO SHOW WHERE PREVIOUS TOPS ARE WHERE GOLD WILL RUN UP TO AND STOP, PULL BACK, OR BREAK THROUGH...
THE HORIZONTAL PALE BLUE LINE INDICATES YESTERDAY'S CLOSE PRICE
THE HORIZONTAL GREEN LINE(S) INDICATE MY LONG POSITION(S)
DAYS OF THE WEEK ARE LABELED AND THE DATES ARE AT THE BOTTOM OF THE CHART ALONG WITH TIMES OF EACH CANDLESTICK THE TIME PERIOD OF THE CHART IS IN THE TOP LEFT CORNER AND DESIGNATES THE LENGTH OF TIME EACH VERTICAL PRICE CANDLESTICK COVERS...
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2010
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January
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Jan 03
(25)
- THE RED DOWN FLAG SHOULD RESOLVE UP
- GOLD MOVES ABOVE THE PURPLE DOWNTREND CHANNEL TOP ...
- THE LARGER PICTURE
- GOLD ABOUT TO HIT THE NEXT HIGHER 75% RETRACE POINT
- GOLD JUMPS UP TO THE PURPLE INTERMEDIATE DOWNTREND...
- FOR PERSPECTIVE
- 5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)
- GOLD BREAKS OUT OF THE WHITE DOWNTREND CHANNEL BUT...
- GOLD MAY CONTINUE HIGHER FROM HERE
- GOLD MAY CONSOLIDATE HERE AND MOVE HIGHER
- 5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)
- GOLD RALLLIES QUICKLY UP TO THE 75% RETRACE POINT ...
- DOWNTREND CHANNEL LINES REDRAWN
- GOLD STILL IN THE TRADING RANGE AS THE EURO MOVES ...
- HOURLY TBOND CHART
- GOLD IN A $3 TRADING RANGE THAT COULD BE A LEDGE T...
- 5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)
- EURO MOVES LOWER, GOLD FOLLOWING
- GOLD STOPS AT THE TOP DOWNTREND CHANNEL LINE SHORT...
- 5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)
- A WEAK RALLY AS EURO FAILS TO MOVE UP
- GOLD NEARS THE 75% RETRACE POINT AT 1091.8
- GOLD DROPPING AFTER THE OPENING GAP UP
- 3:00PM PST SUNDAY 1/3/10 GOLD OPEN
- THE BIG PICTURE
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Jan 03
(25)
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January
(1340)