Friday, November 6, 2009
BONDS PLUMMET, STOCKS, OIL EURO ZOOM HIGHER, YEN PULLS BACK A BIT, DOLLAR SINKS
GOLD IS PLAYING WITH THE $1100 RESISTANCE LINE
MAY BLOW THROUGH IT TODAY
5 MINUTE DECEMBER DOLLAR CHART (delayed prices)
DOLLAR DROPS HARD AS STOCKS, OIL, EURO ALL
ZOOM BACK UP
BE CLEAR THAT GOLD BACKED AWAY FROM $1100 BECAUSE IT IS A PSYCHOLOGICAL BARRIER
THE SHORTS DON'T WANT TO CROSS IT
AND THE LONGS TOOK THEIR PROFIT BEFORE
THE SHORTS COULD HIT THEM
THE NEXT RUN AT IT, OR THE 2ND ATTEMPT
TO CROSS IT, WILL SUCCEED AND GOLD COULD
TAKE OFF BIG TIME
AND THE LONGS TOOK THEIR PROFIT BEFORE
THE SHORTS COULD HIT THEM
THE NEXT RUN AT IT, OR THE 2ND ATTEMPT
TO CROSS IT, WILL SUCCEED AND GOLD COULD
TAKE OFF BIG TIME
GOLD SHOULD PULL BACK HERE BEFORE THE NEXT GOOD RALLY
STOCKS, OIL TURNING HIGHER
YEN EVEN HIGHER
BONDS TURNING UP AFTER A GOOD PULL BACK
EURO TURNING DOWN AFTER A GOOD RISE
GOLD SHOULD PULL BACK SOME MORE AS
EURO PULLS BACK, ESPECIALLY WITH A HIGHER DOLLAR
GOLD DECIDES TO MOVE HIGHER OUT OF THE CONSOLIDATION INSTEAD BUT IS STALLING A BIT, COULD PULL BACK
GOLD ALMOST ALWAYS FOOLS YOU.
JUST WHEN YOU THINK IT IS TAKING OFF HIGHER,
IT ALMOST ALWAYS DOES GO DOWN TO RETEST THE LOW
OR A BIT LOWER, JUST LIKE IT APPEARS TO BE DOING
RIGHT NOW
THIS IS WHY YOU MUST ONLY BUY IN ON SEVERE DIPS
TO GET A GOOD ENOUGH BUY IN PRICE TO WEATHER
THE VOLATILITY WITHOUT GOING UPSIDE DOWN
THIS CURRENT CONSOLIDATION IS AN UPSIDE DOWN FLAG
THAT COULD RESOLVE DOWN MUCH LOWER
BE CAREFUL
5 MINUTE DECEMBER DOLLAR CHART (delayed prices)
DOLLAR MOVES HIGHER INITIALLY, THEN MOVES DOWN
SHOULD BE GOOD FOR GOLD SOON
NOW THE PULL BACK, THEN A GOOD RALLY
BONDS, YEN STILL WAY UP
STOCKS, OIL, EURO WAY DOWN BUT BOTTOMING
ANOTHER NEW HIGH IN SPITE OF FALLING STOCKS, OIL, AND EURO
TRYING TO OUTGUESS GOLD IS FUTILE.
JUST BUY THE BIG DIPS AND HOLD ON
A NEW HIGH BY ONE TICK, THEN A PULL BACK...TOPPING ACTION
GOLD FLYING UP AND DOWN LIKE CRAZY
BONDS, YEN ZOOM HIGHER
STOCKS, OIL, EURO COLLAPSE
GOLD STILL MOVING HIGHER
GOLD TRADES WILDLY ON THE JOBS REPORT, FIRST UP, THEN WAY DOWN, THEN RIGHT BACK UP VERY FAST
GOLD ZOOMS, PULLS BACK QUICKLY, GOES RIGHT
BACK UP
CAN BE TRADED IF YOU ARE LIGHTNING FAST
GOLD DROPPING AHEAD OF THE OPEN IN SIX MINUTES
BONDS MOVING LOWER
STOCKS UP
YEN, EURO, OIL MOVING LOWER
Thursday, November 5, 2009
GOLD BARELY MOVING AT PRESENT, FINALLY MOVES ABOVE 1092
VERY LIGHT VOLUME FOR HOURS
ACTION SHOULD PICK UP AROUND 11:00PM PST
THIRD DAY OF SUSPICIOUS POST-CLOSE TRADE SETTLEMENT PRICES
IT APPEARS NO STONE WILL BE UNTURNED BY THOSE
WITH A NEED TO MANIPULATE THE METALS MARKETS
TO SUPPRESS THE GOLD PRICE
GOLD CONTINUES TRADING IN A RANGE SINCE WEDNESDAY MIDNIGHT AFTER DROPPING FROM THE ALL TIME HIGH
THIS PATTERN COULD BE A LARGE LEDGE FOR GOLD
TO FALL FROM, OR PART OF AN ODD HEAD&SHOULDERS
PATTERN THAT WOULD RESOLVE DOWN.
GOLD IS WORKING ITS WAY INTO A TRIANGLE
BETWEEN THE TOP WHITE DOWNTREND LINE
AND THE LOWER UPTREND PURPLE LINE. WHICH
WAY IT WILL BREAK OUT IS UNCERTAIN.
CERTAINLY THE 'CAPPING' EFFORTS BY THE SHORTS
WILL CONTINUE INDEFINITELY UNTIL THEY ARE
WIPED OUT
Subscribe to:
Posts (Atom)
