Tuesday, January 26, 2010

5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)


DOLLAR HIGHER

EURO FALLS BACK, GOLD SHOULD FOLLOW


GOLD DROPS BACK AS STOCKS, OIL, EURO TURN DOWN


GOLD SHOULD RETEST THE LOW, MAYBE QUICKLY
DROP A LITTLE LOWER TO PICK UP SOME LIMIT ORDERS
BELOW THE LOW, THEN MOVE BACK UP QUICKLY AND
MAYBE MOVE HIGHER IN STEPS

5 MINUTE MARCH 2010 EURO CHART (delayed prices)


GOLD IS LABORING TO MOVE HIGHER, SHOULD PULL BACK BEFORE MOVING HIGHER

5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)


GOLD ABOUT TO PULL BACK AS STOCKS, EURO, OIL TURN DOWN


GOLD MAY MOVE HIGHER FROM HERE BUT SHOULD FIRST RETEST THE LOWS

STOCKS, EURO, OIL HAVE TURNED UP A BIT
GOLD UP VOLUME IS VERY LIGHT HERE

GOLD SINKS LOWER ON THE CRIMEX OPEN


GOLD BEAT LOWER ON FAIRLY STRONG VOLUME JUST BEFORE THE OPEN



GOLD MOVING DOWN MORE THAN SHOWN

GOLD DROPS FAST AHEAD OF THE CRIMEX OPEN


A QUICK HIT OF 325 CONTACTS TAKE GOLD DOWN
PROBABLY A MARKET SELL ORDER

TODAY'S REPORTS

CASE-SHILLER HOME PRICES AT 7AM EASTERN
CONSUMER CONFIDENCE AT 10AM EASTERN
FHFA HOME PRICES AT 10AM EASTERN

GOLD PULLS BACK JUST AHEAD OF THE CRIMEX OPEN


I WOULD THINK GOLD WOULD GET HIT SOME MORE
ON THE OPENING.
READ DAN NORCINI'S COMMENTS AT JSMINESET.COM
ON HIS CHART OF THE DAY

5 MINUTE MARCH 2010 EURO CHART (delayed prices)


5:04AM PST TUESDAY EURO

5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)


5:03AM PST TUESDAY DOLLAR

THE LARGER PICTURE


A LITTLE PRE-OPEN CRIMEX RALLY, GOLD 'CAPPED' AROUND 1092


STOCKS RISING A BIT

DOLLAR KEEPS SLIPPING LOWER AND NOT TRADING IN LARGER THAN $2 RANGES


5 MINUTE MARCH 2010 EURO CHART (delayed prices)


4:08AM PST TUESDAY EURO

5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)


4:05AM PST TUESDAY DOLLAR