Friday, November 20, 2009


GOLD PULLS BACK




STOCKS SOAR, OIL, EURO UP, BONDS, YEN DOWN GOLD ZOOMS AND PULLS BACK AT THE RETRACE POINT




GOLD TAKES OFF ON GOOD VOLUME EXCEEDING THE RETRACE POINT



GOLD STRUGGLING HIGHER AS OIL FALLS, STOCKS, EURO CHOP UPWARDS


BONDS TURN DOWN, STOCKS, OIL, EURO TURN UP, GOLD RISES


NEXT HIGHER RETRACE POINTS


GOLD MOVING UP IN SPURTS OF GOOD VOLUME BUT IS VERY HESITANT


GOLD BREAKS OUT OF THE RED DOWN FLAG BUT STALLS AND PULLS BACK




ONE MINUTE DOLLAR CHART (delayed prices)


HERE WE GO!




A 2ND SOURCE SAYS THE DOLLAR SPIKED UP TO .8218 AND CAME RIGHT BACK DOWN TO THE .7500 AREA WHICH DISTORTS ALL CHART TIME PERIODS


HOURLY DOLLAR CHART

STOCKS, OIL, EURO NOW PULLING BACK, BONDS, YEN CONTINUE MOVING UP


THIS RALLY MAY BE TAKEN BACK ON THE OPEN, THEN GOLD SHOULD RALLY


STOCKS, OIL, EURO ARE RALLYING BACK FROM
BEING SOLD DOWN HARD
BONDS ARE INCLINING UP
YEN ALSO RISING
DOLLAR CHARTS ARE DISTORTED BY A BAD TICK
AND ARE USELESS FOR NOW

GOLD MOVING BACK UP GRADUALLY ON LIGHT/MODERATE VOLUME, COULD FALL BACK BEFORE THE CRIMEX OPEN


GOLD GETS HIT HARD AHEAD OF THE CRIMEX OPE



THE BOUNCE BACK IS WEAK SO FAR

GOLD PEAKS AROUND MIDNIGHT PST AND BEEN MOVING LOWER SINCE




GOLD MAKES UP MOVES BEFORE AND AFTER MIDNIGHT


BUT THESE MOVES DON'T STAY UP FOR LONG, SO
YOU HAVE TO STAY ALERT AND TAKE YOUR PROFITS
WHILE YOU HAVE THEM