GOLD HEADING UP TO THE NEXT RETRACE POINT

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)

GOLD MOVES A BIT HIGHER

GOLD STILL IN THE SHORT TERM WHITE UPTREND CHANNEL AS IT PULLS BACK FROM THE 75% RETRACE POINT

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)

GOLD MOVES UP TO THE NEXT 75% RETRACE POINT

GOLD SHOULD MOVE HIGHER

GOLD RETESTS THE LOW THEN MOVES UP ON LIGHT VOLUME OF ABOUT 150 CONTRACTS

GOLD GETS PUSHED DOWN ON LIGHT VOLUME BUT RALLIES BACK ON ABOUT 300 CONTRACTS AND MAY GO HIGHER

STOCKS, OIL AND EURO ARE BEGINNING TO TURN BACK UP

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)

DOLLAR IS MOVING LOWER

GOLD PULLS BACK A BIT FURTHER ON LIGHT VOLUME, MAY NOW RALLY

STOCKS, OIL AND EURO ALL PULLED BACK AFTER THE SPIKE UP IN GOLD
BUT GOLD IS NOW ATTEMPTING TO MOVE BACK UP
DOLLAR HAS MOVED LOWER

THE GOLD SPIKE WAS ON MODERATE VOLUME OF ABOUT 500 CONTRACTS, GOLD IS HAVING TROUBLE MOVING BACK UP

GOLD SPIKES TO THE TOP 75% POINT AND PULLS BACK 75%

GOLD RETRACES 75% THE RALLIES IMMEDIATELY

GOLD PULLS BACK BEFORE MOVING HIGHER

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)

GOLD HITS A 75% POINT AND PULLS BACK

GOLD BREAKS OUT OF THE DOWNTREND UP TO A PREVIOUS HIGH AND PULLS BACK A BIT

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)

DOLLAR MAKES A NEW HIGH AND PULLS BACK A BIT

GOLD SHOULD PULL BACK FROM THIS LEVEL BEFORE MOVING HIGHER EVEN WITH THE DOLLAR UP

EURO IS MOVING UP A BIT

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)

DOLLAR STILL STAYING UP FOR NOW
BUT WON'T STAY UP FOREVER

GOLD CREEPING UP ON LOW VOLUME, COULD FALL AT ANYTIME OR JUST CONTINUE CREEPING UP TO A RESISTANCE POINT AT A PREVIOUS HIGH

GOLD FALLS BELOW THE 10 AND 20 DAY MOVING AVERAGES

GOLD IS ACTING LIKE IT WILL DROP MORE, AT LEAST TO 98840, OR EVEN 98550

NEW TRENDLINES HAVE BEEN DRAWN TO INCLUDE THE NEW LOWS
GOLD IS FORMING A LITTLE LEDGE TO FALL OFF OF

GOLD COULD FALL BELOW THE YELLOW BOTTOM LINE OF THE INTERMEDIATE UPTREND CHANNEL TO 96460

THE LARGER PICTURE

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)

GOLD DROPPING, MAY HIT THE LOW AT 98550 BEFORE RALLYING IF IT DOESN'T TURN AT THE 75% POINT AT 98840

DOLLAR GETTING BOOSTED AGAIN BY THE PPT SO
HEDGE FUNDS WILL BE DUMPING EVERYTHING 'NOT THE DOLLAR'

30 MINUTE DECEMBER DOLLAR CHART (delayed prices)

DOLLAR MAKES HIGHS ABOVE THE PREVIOUS NEAR TERM HIGHS
GOLD WILL PROBABLY BE SUPPRESSED, BUT NOT FOR ABSOLUTELY SURE
AS GOLD CAN ALWAYS MOVE INDEPENDENTLY OF OTHER MARKETS IF ENOUGH
PEOPLE WANT TO ACQUIRE IT FOR ASSET INSURANCE

GOLD BREAKS UP AND OUT OF THE WHITE UPTREND CHANNEL, STOPS AT THE PREVIOUSLY EXCEEDED BLUE UPTREND CHANNEL BOTTOMLINE AND PULLS BACK

GOLD COULD CONTINUE HIGHER AFTER THIS PULLBACK IF GOLD
FINDS SUPPORT ON THE TOP LINE OF THE WHITE UPTREND CHANNEL JUST
EXCEEDED

IS THIS REALLY THE BOTTOM?

GOLD FALLS BELOW THE BLUE UPTREND CHANNEL

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)

RETRACEMENT POINTS ON THE WAY DOWN

GOLD MOVES UP TO THE NEXT 75% POINT

GOLD BREAKS UP OUT OF ANOTHER DOWN FLAG BUT COLLAPSES QUICKLY, COULD STILL MOVE HIGHER

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)

GOLD MOVES RIGHT BACK UP AS EURO ALSO MOVES BACK UP

GOLD FALLS BELOW THE DOWN FLAG, BOUNCES OFF THE 75% RETRACE POINT