Friday, September 18, 2009

HOW THE MANIPULATORS HAVE MANAGED TO KEEP GOLD DOWN TODAY IS BEYOND ME

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


THIS CHART CORRESPONDS, TIME WISE, WITH THE GOLD SELL OFF

GOLD MOVES UP TO THE 1ST 75% POINT, A SHALLOW PULL BACK, THEN CONTINUES MOVING UP


RETRACEMENT POINTS ON THE WAY UP

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)

A RETEST OF THE LOW, NOW BACK UP

NOW BACK UP FROM A PURELY MANIPULATED SELL OFF

RIDICULOUS SELL OFF


OVERKILL


STOCKS, OIL, EURO PULL BACK
DOLLAR A BIT LOWER
GOLD SHOULD MOVE BACK UP FROM HERE

A PULL BACK TO THE WHITE UPTREND LINE AND THE 75% POINT, THEN BACK UP


15 MINUTE DECEMBER DOLLAR CHART (delayed prices)

GOLD GETTING READY TO SPIKE HIGHER


STOCKS, OIL, EURO ALL HIGHER AS GOLD MAKES ANOTHER STAB HIGHER

A PULL BACK, MAYBE TO THE BLUE DOWNTREND LINE, THEN MUCH HIGHER


GOLD MOVES MUCH HIGHER

AND THERE IT GOES!

GOLD KEEPS FINDING SUPPORT ON THE WHITE UPTREND LINE AND WILL EVENTUALLY BREAK UP AND ABOVETHE BLUE DOWNTREND LINE

QUITE A BATTLE HERE, BUT THE LONGS SHOULD WIN SHORTLY

GOLD FINDING SUPPORT ON THE WHITE UPTREND LINE


15 MINUTE DECEMBER DOLLAR CHART (delayed prices)

A GOOD RALLY THAT GETS SOLD OFF IMMEDIATELY BACK DOWN TO THE WHITE UPTREND LINE


ANOTHER RALLY CAN BE EXPECTED AFTER THIS SELL DOWN

GOLD MOVING UP FAST NOW ON GOOD VOLUME

GOLD MOVING UP JUST AHEAD OF THE CRIMEX OPEN

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)

SURE LOOKS LIKE AN INVERSE HEAD AND SHOULDERS PATTERN TO ME, SHOULD RESOLVE HIGHER

GOLD FINDS SUPPORT AT THE TOP BLUE DOWNTREND LINE AND RALLIES

THE SHORTS ARE MOVING IN TO DEPRESS GOLD AHEAD OF THE CRIMEX OPEN

GOLD STILL CONSOLIDATING IN A SIDEWAYS CHOP WHICH SHOULD RESOLVE UP

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR MOVES STILL LOWER

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR MOVES LOWER, WILL INCREASE CHANCES OF HIGHER GOLD

ODDS OF A SPIKE LESS LIKELY NOW, BUT STILL POSSIBLE AS INDICATOR MARKETS ARE LESS SUPPORTIVE OF HIGHER GOLD

STILL LOOKING GOOD FOR A SPIKE UP

GOLD STILL CONSOLIDATING ABOVE THE BLUE TREND LINE, WILL SUDDENLY SPIKE HIGHER IN A MOMENT

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR MOVES DOWN

A LITTLE CONSOLIDATION IN THIS DOWN FLAG ABOVE THE BLUE DOWN TREND LINE, THEN UP HIGHER


HOW HIGH CAN GOLD RISE BEFORE THE CRIMEX OPEN?

GOLD FINALLY GOES TO AFTERBURNERS

GOLD IS MAKING ALL THE RIGHT MOVES IF IT'S REALLY MOVING HIGHER

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


THE DOLLAR MAY HAVE DROPPED AS THIS IS A DELAYED PRICES CHART

LOOKS LIKE GOLD MIGHT KEEP MOVING BACK UP


STOCKS, OIL AND EURO HAVE ALL TURNED HIGHER

GOLD RALLIES WELL ON DECENT VOLUME BUT IT'S FADING, COULD RETEST THE LOW BEFORE MOVING HIGHER


The white short term down flag resolves up and it's very common for
gold to rally from the 50% retracement level of these large down moves.
The Indicator Markets are attempting to turn back up so gold could
continue back up after this shake out of weak longs.

GOLD COULD HOLD HERE AND RALLY, BUT IT LOOKS LIKE IT COULD MOVE DOWN TO THE 75% POINT AT 1001.20


Gold has hit the 50% retrace point of the last major up move and has
also stopped at a previous congestion area seen at the far left which can
act as a support area.