HOURLY DOLLAR CHART (delayed prices)

THE RED DOWN FLAG RESOLVES UP

GOLD RALLIES 75% THEN FLOPS 75%

THE FIBS ARE SIMPLY AMAZING!
Up and down 75% with such consistency it's hard to refute

SUNDAY AFTERNOON GOLD OPENS WEAK

Dollar opens at .7899 and drops to .7890
Bonds, Yen up a little
Euro, Oil, Stocks down a little
Not supportive of gold rising right now.

DAILY CHART OF S&P 500 (delayed prices)

DAILY CHART OF CRUDE OIL (delayed prices)

DAILY CHART OF THE YEN (delayed prices)

DAILY CHART OF THE DOW (delayed prices)

DAILY CHART OF T BONDS (delayed prices)

DAILY CHART OF THE EURO (delayed prices)

DAILY CHART OF THE DOLLAR (delayed prices)

LONG TERM CHART SHOWING THE BLACK DOWNTREND CHANNEL FROM THE GOLD HIGH PRICE ON 3/18/08 AND THE BLUE UPTREND CHANNEL WITHIN IT

Notice how close gold is now to the top black downtrend
line. Also notice how shallow the pull backs have been since
the 10150 top and how the succeeding lows have been
higher lows thus creating the blue uptrend channel

DAILY CHART SHOWING THE WHITE DOWNTREND CHANNEL WITHIN THE BLACK MAJOR UPTREND CHANNEL

GOLD TRADING THIS WEEK

2:15PM PDST GOLD AFTERNOON CLOSE FOR THE WEEKEND

GOLD FINDS SUPPORT AT THE 40 AND 50 DAY MAs (green and purple lines) AND MOVES BACK UP

GOLD MANAGES TO RISE FAIRLY WELL SINCE THE SELL OFF EARLIER

GOLD MAY RALLY UP AND OUT OF THE BLUE DOWN TREND CHANNEL BEFORE THE AFTERNOON CLOSE

5 MINUTE DOLLAR CHART (delayed prices)

GOLD MAY FALL INTO THE CRIMEX CLOSE

NEXT 75% POINT AT 94960

GOLD MOVES UP ON VERY LIGHT VOLUME, THE RALLY MAY FAIL AT 94860 (75%)