Tuesday, August 25, 2009
GOLD PULLS BACK IN A DOWN FLAG WHICH MAY RESOLVE HIGHER
Gold may have moved as high as it's going to for today.
I would want to see a good pull back before going long
here as there may not be enough profit potential in any
up move worth the risk of the trade.
GOLD MOVES UP TO THE YELLOW DOWN TREND LINE
Gold has now taken back all of yesterday's sell off which
was done in anticipation of options that were about to expire.
GOLD RALLIES WELL ON THE CRIMEX OPEN
The major retrace point is at 96360.
The next tops to exceed are in blue, plus
gold has to break above the yellow down trend line.
We may get a pull back now for a good part of the morning
Monday, August 24, 2009
GOLD GETS KNOCKED BACK DOWN AT THE CRIMEX
The pre-open rally consolidated at the top, but knocked
hit hard at the open. Gold has been going sideways since
Friday. This is a standoff to keep gold from moving above
960, but the buyers aren't backing off and holding it from
going below 955.
I'm waiting for a good dip to buy in again.
GT STAYED UP ALL NIGHT FOLLOWING GOLD
Finally shut my eyes at 4am pdst.
This gold market is going to kill me
as I try to find out when it's going to make
its moves.
This gold market is going to kill me
as I try to find out when it's going to make
its moves.
GOLD JUMPS UP ON 175 CONTRACTS TO A PREVIOUS HIGH AND PULLS BACK
Euro still moving lower
Dollar still up
Sunday, August 23, 2009
GOLD HITS THE 75% RETRACE THEN PULLS BACK
Dollar higher, Euro lower.
Gold finds support on the new white top down trend
line for now
Subscribe to:
Posts (Atom)
