GOLD GETS KNOCKED A LITTLE LOWER ON LIGHT VOLUME BY THE MANIPULATORS AS THE DOLLAR MAKES ANOTHER LOW

This appears to be a desperate attempt by the guv'mint

manipulators to scare gold traders as the dollar tanks a

little lower. HAHAHA.

GOLD ATTEMPTING TO MOVE BACK UP

GOLD FALLS EXACTLY TO THE BLUE UPTREND LINE

Euro, Oil, and Dow are pulling back

Bonds are moving up a bit

Dollar is steady on its lows

GOLD MAY BE HEADING BACK UP FROM HERE

It's pretty difficult for the guv'mint manipulators to push

gold down endlessly as their are many knowledgeable

traders that know when the price is ridiculously low in light

of what's coming down the road for the paper dollar

DOLLAR PLUNGING YET GOLD IS BEING PUSHED DOWN

Euro and Oil rising

Dow up

But our noble leaders manipulate gold down while their

bald faced (and head) liar speaks today.

DOLLAR MAKES NEW LOWS, GOLD STILL BEING SUPPRESSED

ANOTHER "SUCKER" RALLY GETS TAKEN BACK?

GOLD MOVES HIGHER ON VERY STRONG VOLUME AS DOLLAR FALLS TO ITS LOWS AND EURO AND OIL MOVE UP

Gold may pull back a little then spike higher

DOLLAR SLIPPING (15 minute chart)

SURE LOOKS LIKE THE MANIPULATORS ARE SITTING ON GOLD WHILE THE DOLLAR IS DROPPING

GOLD TRADING SETTLES DOWN, PROBABLY INTO A DULL DAY OF TRADING

GOLD COULD JUMP UP TO 953 (75%)

THE RE-RALLY ON LIGHT VOLUME

BONDS FALLING, DOW, OIL, EURO RISING A BIT, DOLLAR GOING SIDEWAYS JUST ABOVE ITS LOWS

LIGHT VOLUME ON THE RALLY WITH AN IMMEDIATE PULLBACK

THIS PRE-OPEN RALLY ON VERY LIGHT VOLUME WILL PROBABLY GO NOWHERE

I expect very narrow trading ranges today as Bernanke

speaks if not an all out assault on gold to drive it way down

while it appears weak.

DOLLAR IS FORMING A LEDGE TO FALL FROM

The dollar is just about history, but it's death will still take
time as it slides down a black hole with neverending attempts
by guv'mint to revive it from day to day to suit their purposes
of concealing the truth of our economic disaster

LOOKS LIKE GOLD IS GOING TO BE SURPRESSED WHILE BERNANKE SPEAKS TODAY

AND OF COURSE, IT ALL GETS TAKEN BACK

VERY STRANGE RALLY ON LIGHT VOLUME OF ABOUT 400 CONTRACTS IN 4 MINUTES

The one minute chart of the 5 minute up move on low volume


Prior to this move up, there were over 100 orders BELOW
the price where this move began that did NOT get triggered.
There were NO large bids showing.

Could be some entity is trying to get less experienced traders

to jump on board impetuously so they can then drop the price

on them. We shall see in a moment.

POSSIBLE RETRACEMENT POINTS IF GOLD GOES DOWN

GOLD CONTINUES TO MOVE IN BIZARRE SHORT TERM MOVEMENTS...VERY DANGEROUS TO TRADE THIS CLOSE TO FIRST NOTICE FOR AUGUST GOLD ON THE 31st

DOLLAR MOVES UP THIS EVENING (5 MINUTE CHART)

VERY WEIRD MOVEMENTS IN GOLD WITH DOLLAR DOWN AND EURO UP

This is an example of the next two fib retrace points IF
gold should continue lower rather than reverse upwards
75% of the down leg just made as shown in the bottom chart


The fibonacci retracement points don't tell WHICH direction
gold will move in. They ONLY tell you that IF gold moves in
a direction, where the commodity IS LIKELY to retrace
given different PERCENTAGES of likelyhood. I place the
fib lines in the OPPOSITE direction when gold has reached
the 75% retrace point in one direction, BECAUSE it is LIKELY
that it will reverse (retrace) 75% of the move just made.
Gold COULD continue in the present direction to another level
fib retrace point. If it does, I find the higher level (intermediate level)
of high/low points to use for the next higher level fib points

DAILY CHART OF THE US 30 YEAR T BOND

DAILY CHART OF THE EURO

BONDS UP, DOW, OIL, EURO DOWN, DOLLAR SLIPPING LOWER