Thursday, October 8, 2009
GOLD RETESTS THE LOW AS THE SHORTS THROW THE KITCHEN SINK AT GOLD
AFTER GOLD'S HUGE MOVE UP IN RECENT DAYS
THE GUV'MINT AND THE GOLD SHORTS ARE FRANTIC TO KEEP GOLD DOWN
THIS IS JUST ONE DAY OF CONCERTED EFFORT TO KEEP THE BEACHBALL
UNDER WATER.
IT WON'T WORK
ALL THEY'VE DONE IS PROVIDE A GOOD PRICE LEVEL FOR GOLD BUYERS ONCE MORE
5 MINUTE DECEMBER DOLLAR CHART (delayed prices)
LOOKS LIKE AN INTERVENTION GOOSE TO ME
THEY ALWAYS FAIL
GOLD GETS ITS FACE PUSHED IN THE MUD ONE LAST TIME BEFORE MOVING BACK UP
THIS IS JUST THE LAST OF THE WEAK LONGS PANICKING AND BAILING OUT
AT THE BOTTOM LIKE ALL WEAK TRADERS DO.
NOW WATCH GOLD ZOOM BACK UP
STOCKS AND OIL TURN BACK UP
EURO WILL SOON
BONDS SEEM TO BE TOPPING
GOLD TURNS BACK UP AT THE WHITE TREND LINE ON STRONG VOLUME
STOCKS, OIL, EURO, YEN ALL DOWN
BUT WILL TURN UP
BONDS MOVE HIGHER BUT WILL FALL
DOLLAR SLIPS LOWER
GOLD TAKEN DOWN TO THE NEXT 75% RETRACE POINT JUST ABOVE THE WHITE INTERMEDIATE UPTREND CHANNEL BOTTOM LINE
GOLD WILL RALLY SOON
THIS IS JUST A SHAKE OUT OF NEW WEAK LONGS
AND PROFIT TAKING BY THE OLD ONES
5 MINUTE DECEMBER DOLLAR CHART (delayed prices)
NOTICE THE LITTLE DOWN MOVE ON THE LAST BAR LINE
DOLLAR NOT MOVING UP VERY WELL
A SHALLOW PULLBACK, THEN MUCH HIGHER
GOLD SLOWS AT THE PREVIOUS HIGH BUT WILL BLOW THROUGH IT
IN A MOMENT AND MAY MOVE RIGHT THROUGH THE 75% POINT SHOWN
FOR THIS WHOLE DOWN MOVE FROM THE 1058 HIGH
GOLD RALLIES AGAIN, TRENDLINES REPOSITIONED TO INCLUDE THE LOW
EURO MOVING UP WELL
STOCKS, OIL TURNING UP
GOLD MAY RALLY A LONG WAY THIS TIME
MARKETS BEGIN TO TURN AGAINST GOLD IN A 2ND ATTACK, BUT GOLD WILL RALLY
NOT TO WORRY, THIS IS TYPICAL ATTACK AND RALLY TRADING IN GOLD
DIPS ARE JUST BETTER BUY POINTS NOW AND GOLD IS RALLYING WELL
ON ALL OF THEM, BUT IS ALSO SELLING OFF AT THE 75% RETRACE POINTS
VERY CONSISTENTLY, SO TAKE YOUR PROFITS THERE TOO THEN
REBUY ON THE DOWN RETRACEMENT.
THESE ARE VERY PROFITABLE TRADING MOVES
GOLD RALLIED TO THE WHITE UPTREND LINE, PULLED BACK SHALLOW AND IS NOW READY FOR A BIG RALLY
NORMAL RESISTANCE AT THE WHITE TRENDLINE
SHALLOW PULL BACK IS GOOD
BONDS, YEN DOWN
STOCKS, OIL EURO UP
ALL GOOD FOR GOLD
DOLLAR NOT MOVING UP AS WOULD BE EXPECTED DUE TO INTERVENTION
DEEP SELLOFF, NOW THE RALLY
STOCKS, OIL, EURO MOVING UP
GOLD SHOULD RESPOND UP
A FURTHER SELL OFF TO THE BLUE BOTTOM DOWNTREND LINE
SHOULD BE SUPPORT AREA
GOLD WILL RALLY
GOLD RALLIES TO THE 75% POINT OF THE DOWN MOVE, MAY SELL OFF ON THE OPEN THEN RALLY HIGHER
BE VERY CAREFULL FROM NOW ON AS GOLD IS TRADING SO VOLATILE
THAT YOU COULD BE WIPED OUT IN A SECOND IF YOU ARE NOT VERY NIMBLE
TAKE YOUR PROFITS IMMMEDIATELY WHILE YOU HAVE THEM AND]
DON'T BE GREEDY
Wednesday, October 7, 2009
DOLLAR FALLS FURTHER,
STOCKS, OIL, EURO MOVING UP
GOLD MAY NOT PULL BACK TOO FAR BEFORE MAKING NEW HIGHS
GOLD SPIKES HIGHER
STOCKS, EURO MOVE HIGHER
WHILE DOLLAR FALLS
GOLD RISES TO THE TOP YELLOW UPTREND LINE AND MAY PULL BACK NOW.
GOLD MOVES A BIT HIGHER AS DOLLAR SLIPS LOWER
IF GOLD DOES NOT MOVE HIGHER IT COULD BE CONFIRMING THE RIGHT SHOULDER
OF THE HEAD AND SHOULDER PATTERN AND GOLD COULD MOVE LOWER
ELECTRONIC TRADING IN GOLD AWAY FROM THE CRMEX HAS BECOME MUCH MORE ACTIVE AND MORE FREQUENT IN THE LAST FEW DAYS
GOLD IS NOW TRADING MORE ACTIVELY IN USUALLY QUIET PERIODS OF THE DAY
EXPECT THAT TO INCREASE AS GOLD MOVES UP AND THE DOLLAR COLLAPSES
AND MORE PEOPLE BEGIN TO SEE THE TRUTH OF WHAT IS NOW HAPPENING
MORE AND MORE RAPIDLY TO THE DEMISE OF THE DOLLAR AND THE WORLD'S ECONOMY
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