Wednesday, November 25, 2009

THIN TRADING CONDITIONS FROM NOW UNTIL SUNDAY EVENING


ANYTHING COULD HAPPEN IN THESE TYPE OF
TRADING CONDITIONS

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR MAKES A NEW LOW

GOLD MAKES ANOTHER NEW HIGH AS IT OPENS FOR EVENING TRADING


GOLD'S BULLISH STRENGTH TODAY IS DOUBLE
WHAT IT HAS SHOWN IN RECENT WEEKS.
IT IS A SIGN OF THINGS TO COME WHEN GOLD
MOVES HIGHER EVEN FASTER UNTIL BUYING
REACHES THE PANIC BUYING STAGE AS THE DOLLAR
COLLAPSES

ANOTHER NEW HIGH



DOLLAR RISES BUT GOLD IGNORES IT

ANOTHER NEW HIGH


GOLD CONSOLIDATES AS IT CHOPS SIDEWAYS WITH AN UPSIDE TREND WHICH SHOULD RESOLVE DOWN


DOES GOLD HOLD HERE, SELLOFF, OR MOVE BACK UP?


GOLD MOVES DOWN FROM THE RED UP FLAG IN AFTERNOON TRADING


ANOTHER NEW HIGH


THE RED UPFLAG RESOLVES DOWN


GOLD RETESTS THE HIGH




NOW BACK DOWN, OR UP FURTHER BEFORE THE CRIMEX CLOSE


GOLD RALLIES AFTER A 75% RETRACEMENT, COULD STILL SELL OFF BEFORE THE CLOSE


THE RETRACE BACK UP


5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR HEADS BACK DOWN TO ITS NEW LOW

GOLD MAY SELL OFF THIS CLOSE TO THE CRIMEX CLOSE


GOLD MOVES A LITTLE HIGHER


GOLD ACTS LIKE IT WILL FALL OUT OF THIS RED DOWN FLAG


WILL THIS BREAK OUT MOVE HIGHER, OR WILL GOLD MOVE DOWN ON PROFIT TAKING?




WILL THIS RED DOWN FLAG RESOLVE HIGHER?


ANOTHER NEW HIGH



RHINO HORN ALERT!

GOLD PULLS BACK FROM THE RALLY FOR ANOTHER LEG UP


GOLD MOVES UP 75%, NOW A PULL BACK, THEN HIGHER


GOLD RETESTS THE LOW AND RALLIES, SHOULD MOVE UP WELL ON THIS LEG


STOCKS, OIL, EURO MOVING UP AGAIN

STOCKS, OIL, EURO FALLING, BONDS, YEN RISING, SHOULD PUSH GOLD DOWN IN A RETRACEMENT BEFORE THE NEXT GOOD RALLY


GOLD MAY START MOVING UP IN STEPS


A LITTLE MORE PULL BACK, THEN THE 2ND LEG BACK UP?


5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR RISES A BIT BUT IT DOESN'T SEEM TO BE
AFFECTING GOLD THAT MUCH ANYMORE

GOLD'S FIRST LEG BACK UP, NOW THE 2ND LEG UP


GOLD GETTING READY FOR A FALL TO EITHER THE 75% RETRACE POINT, OR THE YELLOW UPTREND CHANNEL LINE


GOLD CREATING A 'TALL' LEDGE TO FALL FROM


THE WHITE UPTREND LINE SEEMS TO BE SUPPORTING
GOLD FOR NOW, BUT WITH NO STRONG RALLY, IT
COULD GIVE WAY AT ANY MOMENT
STOCKS, OIL, EURO MOVING LOWER
SHOULD DRAG GOLD DOWN

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR MOVING LOWER

GOLD MAY CONTINUE LOWER FOR A WHILE CLEARING OUT WEAK LONGS BEFORE RALLYING HIGHER




GOLD IN A TRADING RANGE FOR NOW


GOLD RALLIES 75%, NOW A PULL BACK, THEN UP AGAIN


GOLD FORMING A LEDGE TO FALL FROM




GOLD COULD SELL OFF EVEN MORE THEN RALLY WELL



GOLD IS RATHER SLUGGISH ON THIS RALLY.
IT COULD RETEST THE LOWS, OR GO EVEN LOWER
BEFORE FINDING A BOTTOM TO RALLY FROM

ANOTHER NEW HIGH




GOLD COULD SPIKE, BUT WOULD SELL OFF IMMEDIATELY


8 MINIUTES TO THE CRIMEX OPEN




ANOTHER NEW HIGH



JUST WHEN YOU THINK GOLD WILL NEVER PULL BACK,
IT MIGHT, SO BE CAREFUL
ON THE OTHER HAND, IT COULD MAKE A BIG LEAP,
ESPECIALLY DURING A HOLIDAY THIN MARKET.
YOU WON'T SEE IT COMING UNTIL THE LAST SECOND