Thursday, January 21, 2010

GOLD RALLIES BACK UP TO THE HIGH IN A JAGGED FASHION ON LIGHT VOLUME, NOW FALLING AGAIN


JOBLESS CLAIMS REPORT ON THE HALF HOUR AT 5:30AM PST

GOLD PULLS BACK AHEAD OF THE CRIMEX OPEN


30 MINUTE MARCH 2010 T BOND CHART (delayed prices)


BONDS HITTING RESISTANCE AT 118'04

15 MINUTE MARCH 2010 S&P 500 CHART (delayed prices)


STOCKS RALLY A BIT

5 MINUTE MARCH 2010 EURO CHART (delayed prices)


EURO MOVES UP OFF ITS LOWS

5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)


DOLLAR STARTS COMING DOWN

GOLD CONTINUES TO CREEP HIGHER ON LIGHT VOLUME HITTING ONE OF MANY RETRACE POINTS ON THE WAY BACK UP


GOLD MOVING UP OFF THE LOW AHEAD OF THE CRIMEX OPEN


GOLD FALLS BELOW ALL BUT THE 100 AND 200 DAY MOVING AVERAGES


240 MINUTE MARCH 2010 YEN CHART (delayed prices)


YEN MOVES DOWN

240 MINUTE FEB 2010 CRUDE OIL CHART (delayed prices)


OIL MOVES DOWN

240 MINUTE MARCH 2010 S&P 500 CHART (delayed prices)


A TRIPLE TOP AND STOCKS MOVE LOWER

240 MINUTE MARCH 2010 T BOND CHART (delayed prices)


BONDS HAVE RETRACED ALMOST 2/3s OF THE LAST
DOWN LEG BUT HAVE NOT MADE A HIGHER HIGH
BONDS NEED TO COLLAPSE

DAILY EURO CHART


120 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)


DOLLAR KEEPS MOVING HIGHER
WHEN IT FALLS BACK, IT'S GOING TO BE
SOMETHING TO BEHOLD

THE 75% RETRACE POINT FOR THE ENTIRE UP MOVE FROM 1075.20 IS AT 1097,10 AS SHOWN HERE NEAR THE YELLOW UPTREND CHANNEL LOWER LINE


GOLD IS NOW BELOW A RATHER IMPORTANT 75% RETRACE POINT




5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)


DOLLAR MAKES ANOTHER NEW HIGH

GOLD RETESTS THE LOW


GOLD GOING BACK DOWN TO RETEST THE LOW


GOLD MAKES A NEW LOW ABOVE THE YELLOW BOTTOM UPTREND CHANNEL LINE




GOLD FALLS BACK NEAR THE LOW OF 1106.8



VERY WEAK RALLY OFF THIS LOW, BUT STOCKS
AND EURO ARE NOW RISING AFTER A GOOD FALL.

5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)


DOLLAR MAKING NEW HIGHS

GOLD RETRACE DOWN NEAR THE 61.8% RETRACE POINT



EURO, STOCKS MOVED DOWN
DOLLAR MOVED UP A PINCH

EURO, STOCKS MOVING UP, GOLD SHOULD FOLLOW


THIS IS THE MIDNIGHT PST HOUR WHEN THE
FOREIGN MARKETS MOVE GOLD A GOOD BIT

Wednesday, January 20, 2010

GOLD RETRACES 75% OF THE LAST UP LEG


THE RED DOWN FLAG RESOLVES UP


THE LARGER PICTURE


GOLD IS ABOVE THE 75% RETRACE POINT FOR THIS RETRACEMENT





5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)


DOLLAR JUMPS HIGHER

GOLD PULLS BACK MORE THAN 75%


GOLD FALLS FURTHER



STOCKS RISING
YEN, EURO THRASHING UP AND DOWN

5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)


DOLLAR COMES OFF ITS HIGHS

GOLD FALLS AS EURO, YEN, STOCKS MOVE LOWER


GOLD RISING IN EVENING TRADING, NOW $10 ABOVE THE LOW




GOLD RALLIES A BIT INTO THE CRIMEX CLOSE


A HALF HOUR TO GO IN THE CRIMEX SESSION


GOLD MAKING SOME UPWARD MOVEMENT


GOLD TRYING TO GET AN UPTREND GOING, BUT THE MARKET HAS BEEN BEAT UP PRETTY GOOD TODAY


A WEEK FROM FRIDAY 1/29/10 IS FIRST NOTICE
FOR FEB 2010 GOLD AND THERE MAY BE A GOOD
RALLY BEFORE THEN AS THE ROLLOVER TO APRIL GOLD
TAKES PLACE

5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)


DOLLAR ON ITS HIGHS STILL

STOCKS DOWN OVER 190 POINTS, DRAGS GOLD LOWER VERY NEAR THE 75% RETRACE POINT AT 1105.7


120 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)


DOLLAR RISES EVEN HIGHER

STOCKS DOWN 170 POINTS

120 MINUTE MARCH 2010 S&P 500 CHART (delayed prices)


STOCKS HAVE A TRIPLE TOP

STOCKS DOWN 160 POINTS, DRAGGING GOLD DOWN