Tuesday, November 10, 2009


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




5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


GOLD MAY TURN BACK UP FROM THE 75% RETRACE POINT


RIGHT NOW, STOCKS, OIL, EURO HAVE TURNED DOWN
BONDS UP, YEN MAY BE TURNING UP A BIT
THIS WILL REVERSE SOON AND GOLD SHOULD RISE,
PERHAPS TO NEW HIGHS

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)



5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


GOLD MOVES HIGHER ON VERY STRONG VOLUME, SHOULD PULL BACK, THEN MAY MAKE NEW HIGHS


GOLD MOVES UP ON STRONG VOLUME


GOLD MIGHT JUST KEEP ON GOING AND MAKE
NEW HIGHS TODAY

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR SLIPPING LOWER


GOLD BUILDS A LEDGE TO FALL FROM




5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


GOLD MOVES UP ON STRONG VOLUME PAST THE RETRACE POINT, NOW A PULL BACK THEN HIGHER



BONDS, YEN TURN DOWN
STOCKS, OIL, EURO TURN UP
DOLLAR STILL FIDDLING AROUND

GOLD COULD DROP A LITTLE FURTHER TO THE NEXT LOWER RETRACE POINT BEFORE ANY RALLY OF SUBSTANCE


5 MINUTE DECEMBER DOLLAR CHART (delayed prices)



5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


GOLD PULLS BACK AFTER HITTING THE 75% RETRACE POINT, MAY MOVE BACK UP, BUT NOT UNTIL THE INDICATOR MARKETS TURN AROUND


BONDS, YEN ARE UP NEED TO COME DOWN
STOCKS OFF
EURO TIPPING DOWN
DOLLAR UP FOR NOW