DEC GOLD 4:30AM PST

NOTICE! I WILL POST DECEMBER GOLD CHARTS BECAUSE THEY SHOW THE MOST LIQUIDITY AND FLUIDITY OF TRADING, BUT TRADE FEB 2010 GOLD FOR SAFETY

FEB 2010 GOLD STILL HAS MUCH LESS VOLUME PER MINUTE THAN DEC GOLD
BUT DEC GOLD ONLY HAS THREE (3) TRADEABLE DAYS LEFT BEFORE FIRST
NOTICE ON MONDAY DEC 1ST.
FRIDAY GOLD WILL TRADE BUT THE MARKET SHOULD BE VERY THIN AND
PRONE TO EXAGERATED MOVEMENT IF ANY MOVEMENT TAKES PLACE.
GOLD COULD GO BONKERS IN THIS ENVIRONMENT IN SUCH A THIN MARKET
THIS IS ALSO A TYPICAL TIME FRAME WHEN GUV'MINTS PULL OFF THEIR
DIRTIEST MOVES (while you're asleep on the couch watching football and sleepy from too much turkey)

FEBRUARY 2010 GOLD (soon to be new Front Month contract on Dec 1st) MOVING AVERAGES DAILY CHART

FEBRUARY 2010 GOLD (soon to be new Front Month contract on Dec 1st)

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)

ANOTHER NEW HIGH

AT SOME POINT GOLD IS GOING TO PULL BACK IN A MAJOR WAY

GOLD IS LIKELY TO FALL STARTING AROUND

11PM PST AND AFTER MIDNIGHT PST ON PROFIT TAKING.

THE CRIMEX SESSION TOMORROW WILL PROBABLY

BASH GOLD DOWN TOO AS USUAL.

IT'S NOT LIKELY TO STAY DOWN FOR LONG, SO TAKE

ADVANTAGE OF ANY LARGE PULL BACK TO BUY IN

FOR THE RALLY TO HIGHER PRICES THAT IS INEVITABLE

HOURLY EURO CHART (delayed prices)

3 MINUTE DECEMBER DOLLAR CHART (delayed prices)

ANOTHER NEW HIGH

GOLD MOVES LOWER TO SUCCESSIVE RETRACE POINTS

A SHORT RALLY THAT MAY NOT MOVE HIGHER

FINALLY, A DECENT PULL BACK

ANOTHER NEW HIGH

3 MINUTE DECEMBER DOLLAR CHART (delayed prices)

ANOTHER NEW HIGH

ANOTHER NEW HIGH

VOLUME AT THIS TOP IS LIGHT

GOLD COULD PULL BACK

3 MINUTE DECEMBER DOLLAR CHART (delayed prices)

EURO MOVES HIGHER, GOLD FOLLOWS TO A NEW HIGH

YOU TELL ME WHICH WAY GOLD WILL MOVE NEXT

A FAKE OUT UP MOVE OUT OF THE RED DOWN FLAG...COULD STILL MOVE UP BUT MORE LIKELY WILL PULL BACK BEFORE MOVING MUCH HIGHER

WILL GOLD PULL BACK OR JUST KEEP MOVING UP?

GOLD APPROACHES THE TOP BLUE UPTREND CHANNEL LINE

GOLD PULSES UP TO A NEW HIGH ON STRONG VOLUME BREAKING OUT OF THE RED DOWN FLAG

GOLD CHOPPING SIDEWAYS IN THE RED DOWN FLAG, COULD BREAK HIGHER OR FALL ON PROFIT TAKING

THE PULL BACKS IN GOLD ARE GETTING SHALLOWER.

SO IT'S HARDER TO GET A DEEP PULL BACK TO BUY IN

IF YOU SELL THE TOPS.

SEE DAN NORCINI'S COMMENTS FROM FRIDAY ON

THE SWISS STAIR PATTERN THAT HAS FORMED.

THIS IS A VERY BULLISH PATTERN AND THE LENGTH

OF TIME BETWEEN UPWARD MOVES IS BECOMING SHORTER

BETWEEN EACH CONSOLIDATION AND UP MOVE.

GOLD IS READY TO GO BALLISTIC SOON.

SUNDAY EVENING GOLD OPENS UP TO A NEW HIGH ON STRONG VOLUME PULLS BACK INTO THE RED DOWN FLAG, RETRACES 75% BACK UP AND IS NOW RETRACING BACK DOWN

A SUDDEN UP MOVE JUST WHEN IT LOOKED LIKE
GOLD MIGHT BE MOVING LOWER ON PROFIT TAKING
IT MAY STILL.

FEBRUARY 2010 GOLD (soon to be new Front Month contract on Dec 1st) OPEN INTEREST = 162K

OPEN INTEREST WILL INCREASE IN FEB 2010 CONTRACT AS IT

DECREASES IN DEC 2009 CONTRACT. (called rollover)

THE NEW FRONT MONTH CONTRACT TRADES VERY

SLUGGISHLY RIGHT UP TO THE ROLL OVER THE DAY AFTER

FIRST NOTICE DAY MAKING IT MORE DIFFICULT TO

TRADE IN AND OUT DURING THE DAY.

BID AND ASK PRICES AREN'T AS 'TIGHT', OR CLOSE

TOGETHER, AND THE VOLUMES AREN'T AS GREAT

AT EACH PRICE POINT, UNTIL FEB2010 BECOMES THE

FRONT MONTH. STILL, YOU DON'T WANT TO GET CAUGHT

IN A LOSS POSITION IN A DEC 2009 CONTRACT AND BE

FORCED OUT ON FIRST NOTICE DAY. SO, TRADE FEB 2010

GOLD CONTRACT STARTING THIS MONDAY AND AVOID

PROBLEMS.

DECEMBER GOLD OPEN INTEREST = 238 K

OPEN INTEREST WILL STEADILY DECREASE IN

DEC GOLD RIGHT UP UNTIL FIRST NOTICE DAY

ON NOV 30 WHICH DECREASES THE LIQUIDITY OF

THE CONTRACT SOMEWHAT, ALTHOUGH FRONT

MONTH CONTRACTS TRADE QUITE WELL RIGHT

UP TO FIRST NOTICE DAY

DAILY CHART OF DEC GOLD MOVING AVERAGES