Sunday, January 17, 2010

SOME PULL BACK HERE, THEN MAYBE HIGHER


LOTS OF GOLD ACCUMULATION GOING ON TONIGHT, VERY SNEAKY...


ANOTHER STEP HIGHER


GOLD DOING ONE OF ITS SUNDAY NIGHT SLOW RALLIES AGAIN


LOOKS LIKE GOLD IS GOING TO KEEP STAIR STEPPING HIGHER FOR AWHILE


EURO JUST PULLED BACK, SO GOLD SHOULD TOO,
THEN MOVE RIGHT BACK UP A LITTLE AT A TIME
UNTIL AROUND MIDNIGHT WHEN FOREIGN MARKETS
WILL BECOME ACTIVE

GOLD WILL PROBABLY CREEP HIGHER FROM HERE


GOLD BREAKS OUT OF THE RED DOWN FLAG


GOLD SHOULD MOVE UP OUT OF THIS RED DOWN FLAG


GOLD MOVES CLOSER TO THE NEXT 75% RETRACE POINT


GOLD TRADING VERY QUIETLY SO FAR, MAY BECOME MORE ACTIVE CLOSER TO MIDNIGHT PST


GOLD STARTS TO BREAK ABOVE THE WHITE DOWNTREND CHANNEL


GOLD SHOULD MOVE UP OUT OF THIS RED DOWN FLAG


GOLD MOVES A BIT HIGHER


GOLD RALLIES WELL AS VOLUME INCREASES A BIT


SUNDAY EVENING GOLD OPENS DOWN TO THE BLUE UPTREND LINE WITH A WEAK RALLY BACK UP ON LOW VOLUME


COULD JUST BE A THIN HOLIDAY MARKET

2:30PMM PST SUNDAY 1/17/2010

HERE IS THE LINK FOR SUNDAY/MONDAY
HOLIDAY TRADING HOURS FOR GOLD:
http://www.cmegroup.com/tools-information/lookups/advisories/clearing/files/Chadv10-11.pdf

GOLD WILL TRADE STARTING A 3PM PST (ONE HALF HOUR FROM NOW)

IT WILL CLOSE EARLY ON MONDAY AT 1:15 EASTERN TIME
AND REOPEN AT 5PM EASTERN TIME AND TRADE OVERNIGHT
AND RESUME NORMAL TRADING HOURS ON TUESDAY