Wednesday, November 11, 2009


GOLD STRUGGLES HIGHER




GOLD HAVING TROUBLE GETTING ANY UP MOMENTUM


5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


GOLD ATTEMPTS TO RISE BUT MEETS SELLING PRESSURE


5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


GOLD PULLS BACK


GOLD MOVES UP TO THE PREVIOUS HIGH AND STALLS, NOW A PULL BACK THEN MAYBE HIGHER




5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


GOLD COULD FALL FURTHER TO THE RETRACE POINT JUST BELOW


A RETEST OF THIS LOW, THEN BACK UP, MAYBE EVEN TO NEW HIGHS?


GOLD STARTS TO FALL FAST




5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


EURO FALLING FAST, STOCKS TURNING DOWN, GOLD FALLING, MAY GO DOWN MUCH FURTHER


5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR'S LITTLE UPTREND CHANNEL WILL
RESOLVE DOWN SOON

GOLD JUMPS TO A NEW HIGH ON 1500 CONTRACTS THEN PULLS BACK


EURO DID NOT MOVE UP ON THIS GOLD MOVE
STOCKS STILL UP
BONDS TURN UP

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


GOLD MOVES UP ON LIGHT VOLUME BEYOND THE RETRACE POINT AND PULLS BACK


GOLD STILL CHOPPING SIDEWAYS


STOCKS TURNING UP SLIGHTLY
BONDS MAY BE TURNING BACK DOWN
EURO TURNING UP A BIT
GOLD COULD RISE

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR TURNS DOWN

GOLD PUSHES UP TO THE PREVIOUS HIGH THEN STALLS


GOLD CHOPPING SIDE WAYS IN A TWO DOLLAR RANGE


BONDS STILL STRONG
STOCKS TIPPING DOWN
OIL HIGHER BUT DOWN TICKING
EURO CONSOLIDATING, COULD MOVE HIGHER

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR STILL RISING

BONDS, YEN STILL UP...OIL, EURO RISING, LOW VOLUME ON THIS LATEST GOLD RALLY


5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


GOLD WILL PROBABLY MOVE A BIT LOWER


RALLY GETS HIT HARD AND QUICK




5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


INDICATOR MARKETS TURNING NEGATIVE FOR GOLD




5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


5 MINUTES TO THE CRIMEX OPEN

BONDS, YEN RISING, STOCKS SLIPPING A BIT


5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


A NEW HIGH ON A SUDDEN BLAST OF 831 CONTRACTS


TRADERS WHO CHASE GOLD GET SCREWED ALMOST
EVERY TIME.
LESSON LEARNED: BUY IN ON BIG DIPS

TOO CLOSE TO THE CRIMEX OPEN FOR THE SHORTS TO ALLOW GOLD TO MOVE HIGHER?


5 MINUTE DECEMBER DOLLAR CHART (delayed prices)





5 MINUTE DECEMBER DOLLAR CHART (delayed prices)



DAILY CHART OF DECEMBER DOLLAR (delayed prices)


DOLLAR MAKING NEW LOWS

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)







GOLD SPIKES ABOVE THE PURPLE UPTREND CHANNEL TO NEW HIGH ON OVER 3,000 CONTRACTS