Thursday, October 1, 2009

15 MINUTE DECEMBER DOLLAR CHART (delayed prices) 6:45AM PDST

BONDS, YEN TOP OUT, STOCKS, OIL, EURO BOTTOM OUT, START TO TURN BACK UP, SHOULD PULL GOLD UP

GOLD BOUNCES BACK BUT STRUGGLES TO KEEP RISING ON THE 1ST LEG UP

GOLD GIVES IN TO THE PRESSURE

BONDS, YEN RISING...EURO, STOCKS, OIL PULL BACK YET GOLD RISES A BIT MORE



GOLD AND THE INDICATOR MARKETS ARE MOVING OPPOSITE TO USUAL LOGIC
BUT GOLD IS SLOWING ITS RISE HERE A BIT.
NEVERTHELESS, GOLD OFTEN WILL MOVE ON ITS OWN AND COULD CONTINUE
HIGHER OR...SIMPLY NOT PULL BACK EXCESSIVBLY, THEN WHEN
THE MARKETS TURN SUPPORTIVE AGAIN, IT WILL RISE EVEN HIGHER

15 MINUTE DECEMBER DOLLAR CHART (delayed prices) 6:19AM PDST

GOLD GOING HIGHER AS OIL MOVES HIGHER, DOLLAR SLIPPING LOWER, STOCKS RISING


GOLD NOT PULLING BACK MUCH AFTER HITTING THE FINAL
75% RETRACE PONT, SHOULD MOVE HIGHER

GOLD RETRACES WELL, A PULL BACK HERE, THEN HIGHER


OIL RISING STRONGLY

GOLD RETRACES 75% OF THE WHOLE UP MOVE, NOW BACK UP

GOLD STARTS BACK UP

15 MINUTE DECEMBER DOLLAR CHART (delayed prices) 2:00AM PDST

HEAD AND SHOULDERS PATTERN DEVELOPS, BUT WEAK DOLLAR SHOULD SUPPORT GOLD

A NORMAL PULLBACK NOW A MOVE BACK UP POSSIBLY TO NEW HIGHS

15 MINUTE DECEMBER DOLLAR CHART (delayed prices) 1:2AM PDST

GOLD GETTING READY TO MOVE TO NEW HIGHS

GOLD MOVING BACK UP AFTER A PULL BACK