Tuesday, July 21, 2009

THE NEXT 75% RETRACE POINT IS JUST BELOW AT 94350


The dollar has moved a bit higher and the Euro has fallen
as Bonds and the Yen have risen, but are rounding over
right now.
This drop in gold is purely ridiculous.
120 bids at 944

THE BOYZ DROP GOLD TO THE PURPLE UPTREND CHANNEL BOTTOM LINE ON LIGHT/MODERATE VOLUME


INTERESTING SUDDEN DOWN MOVE ON FAIRLY LIGHT VOLUME AS GOLD APPROACHES THE CRIMEX CLOSE


I guess it's up to the foreign markets to appreciate gold
overnight. You buy at the Crimex and sell it in the wee hours
in the overnight market. Forget about sleep... I have.

AN INTERESTING DAY SO FAR, IF YOU LIKE TO WATCH IDIOCY IN ACTION


THE DOLLAR PUTS IN A FEW MORE TWITCHES AS IT DOES ITS DEATH DANCE


THE MANIPULATORS ARE BUSY TODAY




DOLLAR BARELY BUDGES WHILE GOLD GETS HAMMERED


GOLD RALLIES PAST THE 1ST 75% POINT, NEXT POINT HIGHER IS AT 94930


GOLD GETS SHOVED LOWER ON MODERATE VOLUME, APPEARS TO BE ANOTHER MANIPULATIVE MOVE TO SHAKE THE MARKET DURING BERNANKE'S LYING SESSION




GOLD IS FINDING SUPPORT ON THE TURQUOISE BLUE LINE (represents the previous day's close price)


We may see gold rise for the rest of the session after Bernanke
shuts his lying mouth for the day

IT APPEARS ALL THE PPT CAN DO IS TO KEEP THE DOLLAR FROM FALLING FROM THIS LEVEL AND JUST LET IT LEVITATE


RON PAUL IS CURRENTLY EXPOSING BERNANKE FOR HIS LACK OF ECONOMIC UNDERSTANDING


BONDS, YEN RISING, DOLLAR UP A BIT, OTHER MARKETS MOVING LOWER


Gold trading normally. It pulled back to the red downtrend
line and found support for now. A weak second up move may
retest the low before any further rally of substance. This is
all happening while Bernanke lies to Congress and members
of the House of Reprehensibles allow his lies to go unchallenged

DOLLAR RISES VERY LITTLE AS GOLD REBOUNDS


GOLD RISES TO THE RED DOWNTREND LINE AND THE 75% POINT AT 9498


DOLLAR DOES GET A PPT GOOSE, BUT NOT MUCH


GOLD MOVING BACK UP ON LIGHT VOLUME (100+ contracts/minute or so)


Dow, Oil, Euro turn back up
Bonds may be topping here after a good rise

LOTS OF BUYERS JUST BELOW HERE WITH GOOD VOLUME HERE AS GOLD BEING BOUGHT AT BARGAIN PRICES


Dollar doesn't appear to be being goosed by the PPT right
now, It's just sitting on it's lows. But I'm using delayed charts,
so it could jump in a few minutes.
The main point being that it takes manipulation to keep
gold and the dollar from heading where they would if the
manipulators would get out of the market.

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


Monday, July 20, 2009

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)