Sunday, January 10, 2010

WILL GOLD MOVE UP AT MIDNIGHT?


DOES GOLD FIND SUPPORT HERE, OR IS IT GOING LOWER?


LOOKS LIKE THE BULLION BANKS ARE SITTING ON GOLD AFTER SUCH AN EXPLOSIVE OPENING PRICE RISE


GOLD MOVES ABOVE ALL THE MOVING AVERAGES


120 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)


DOLLAR MAKING NEW LOWS

GOLD WILL RISE SOON


5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)


DOLLAR MAKING LOWER LOWS

GOLD STAIR STEPPING HIGHER




GOLD JUMPS TO THE 1ST 75% RETRACE POINT THEN PULLS BACK


GOLD BREAKS ABOVE THE RED DOWN FLAG BUT
HASN'T YET MADE A HIGHER HIGH

SO FAR, GOLD IS RESPECTING THE RED DOWNTREND TOP LINE


BUT JUST NOW RISES ABOVE IT

GOLD PULLING BACK FOR ANOTHER MOVE HIGHER


GOLD CONSOLIDATING IN AN UPTREND AND READY TO BREAK OUT OF THE RED DOWN FLAG AS DOLLAR FALLS


5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)


DOLLAR STILL MOVING LOWER

5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)


DOLLAR FORMS A LITTLE LEDGE TO FALL OFF OF

120 MINUTE MARCH 2010 EURO CHART (delayed prices)


EURO MAKES A HIGHER HIGH

RED DOWN FLAG LINES REDRAWN


GOLD HAVING TROUBLE MOVING HIGHER TO THE 75% RETRACE POINT


IS THIS WHERE GOLD BREAKS OUT OF THE RED DOWN FLAG?


HOURLY DOLLAR CHART


FOR PERSPECTIVE

5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)


DOLLAR FALLS, GOLD RISES

THE RED DOWN FLAG SHOULD RESOLVE UP


GOLD HAS BLOWN THROUGH DAN NORCINI'S RESISTANCE AREAS AROUND 1150 AND ABOVE THE YELLOW AND BLUE UPTREND CHANNELS



A PULLBACK TO EITHER TREND CHANNEL TOP LINE
FOR SUPPORT IS NORMAL AND A PLACE TO BUY IN

ONE MINUTE MARCH 2010 EURO CHART (delayed prices)


EURO RISING

GOLD PULLED BACK, CONSOLIDATED, AND IS NOW MOVING UP IN STAIR STEPS


3:00PM PST SUNDAY GOLD OPEN, GOLD SPIKES $24 ON 2220 CONTRACTS IN 1ST MINUTE THEN PULLS BACK