Monday, October 19, 2009

GOLD MOVES UP TO, AND ABOVE, THE LAST 75% RETRACE POINT FOR THE WHOLE DOWN MOVE FROM 1072


GOLD MOVING SIDEWAYS IN AFTERNOON TRADING



GOLD COULD SLIP A BIT FROM HERE BEFORE THE AFTERNOON CLOSE AT 2:15PM PDST
THEN, TONIGHT AND OVERNIGHT MOVE HIGHER.
EXPECT GOLD TO BE DRIVEN DOWN ONCE AGAIN BEFORE, OR DURING, TOMORROW'S
CRIMEX DAY SESSION

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)

GOLD SPIKES ABOVE THE TOP BLUE UPTREND CHANNEL LINE, SHOULD GO HIGHER


OIL SPIKING HIGHER
DOLLAR NEAR ITS LOWS
STOCKS ON THEIR HIGHS UP ABOUT 140

GOLD MOVES HIGHER ON STRONG VOLUME

GOLD SHOULD MOVE HIGHER IN AFTERNOON TRADING AS DOLLAR FALLS


5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR MOVING TO ITS LOWS

GOLD BREAKS OUT OF THE RED DOWN FLAG

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)

THE RED DOWN FLAG RESOLVES UP

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)

GOLD BREAKS HIGHER


GOLD MAY SPIKE SOON

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)

GOOD RALLY BACK UP AFTER THE SELL OFF


MARKETS TRADING CRAZILY SO FAR

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)

CAN'T TELL WHAT'S GOING ON HERE

BONDS MOVING UP, EURO SLIPPING DRAGGING GOLD LOWER


5 MINUTE DECEMBER DOLLAR CHART (delayed prices)

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)

GOLD STILL BEING 'CAPPED' BELOW 1058


AN HOUR BEFORE THE CRIMEX OPEN THE MANIPULATORS SHOULD BE MOVING IN HARD
TO KEEP GOLD DOWN
WE MIGHT SEE A SPIKE ON THE OPENING.
IF NOT, AND GOLD IS DRIVEN DOWN, WE SHOULD SEE A GOOD RALLY OFF THE LOW
IT WILL DEPEND A LOT ON WHETHER OR NOT THE DOLLAR IS GIVEN A BOOST BY THE PPT

THE RED DOWN FLAG RESOLVES UP


IT COULD ALSO BE A VERY SHORT TERM HEAD AND SHOULDERS PATTERN
THAT WILL RESOLVE DOWN, BUT NOT TOO FAR DOWN
GOLD SHOULD FIND SUPPORT ON THE BLUE UPTREND CHANNEL LINE

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR SINKING AGAIN
GOLD GETTING READY TO SPIKE HIGHER

EURO RISING FAST, BONDS, YEN DROPPING,GOOD FOR GOLD, GOLD SHOULD SPIKE HIGHER

GOLD FINDS SUPPORT ON THE TOP WHITE DOWNTREND LINE

STOCKS, EURO, YEN STARTING TO RISE AGAIN, GOLD SHOULD FOLLOW

30 MINUTE DOLLAR CHART (delayed prices)


DOLLAR ON ITS LOWS

GOLD IS FINDING RESISTANCE JUST BELOW THE PREVIOUS HIGH AT 1057.90, SHOULD BREAK THROUGH SOON


15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR LOOKING VERY WEAK
COULD SUDDENLY FALL

GOLD IS CONSOLIDATING IN A TRADING RANGE AND SHOULD SPIKE HIGHER SOON

STOCK, EURO MOVING HIGHER STRONGLY, GOLD MAY SPIKE

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR KEEPS FALLING

GOLD PULLS BACK BEFORE A MOVE HIGHER

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)

GOLD BREAKS OUT OF THE WHITE DOWNTREND CHANNEL


GOLD SURGES ON STRONG VOLUME, COULD MOVE HIGHER