Tuesday, December 29, 2009

GOLD MOVES UP ON GOOD VOLUME, BUT WILL PULL BACK SOON TO RETEST THE LOW




THE LARGER PICTURE



GOLD CONTINUES FALLING ON STRONG VOLUME

GOLD GET WHACKED WITH 2000 CONTRACTS DOWN VOLUME IN ONE MINUTE


GOLD IS AT THE WHITE UPTREND CHANNEL
LOWER LINE. MAY OFFER SUPPORT, BUT THE
BULLION BANKS ARE TAKING ADVANTAGE OF A THIN
MARKET TO HAMMER GOLD

5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)


DOLLAR RALLIES CONTINUE TO FAIL
BUT IT DOESN'T SEEM TO BE HELPING GOLD

GOLD TRADING VERY ERRATICALLY ON LIGHT VOLUME


GOLD DROPS 75% ON THE CRIMEX OPEN, THEN RALLIES WEAKLY




JUST AHEAD OF THE CRIMEX OPEN


5:00AM PST TUESDAY


15 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)


DOLLAR FALLS FURTHER

4:34AM PST TUESDAY


NO REAL PATTERN THAT IS PREDICTABLE




2:45AM PST TUESDAY


30 MINUTE EURO CHART


EURO CONSOLIDATES AFTER A GOOD RUN UP
MAY GO HIGHER

15 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)


DOLLAR RISES A BIT AFTER A LONG FALL

GOLD MAY SLIP LOWER APPROACHING THE CRIMEX OPEN


GOLD BEING 'CAPPED' AROUND 1107 SO FAR TONIGHT


WILL GOLD RISE FROM HERE?


5 MINUTE MARCH 2010 EURO CHART (delayed prices)


EURO RISES DRAMATICALLY

5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)


DOLLAR HAS FALLEN

GOLD PULLS BACK 75% OF THE LAST UP MOVE