Thursday, August 13, 2009

5 MINUTE EURO CHART (delayed prices)


HOURLY DOLLAR CHART FOR PERSPECTIVE


5 MINUTE DOLLAR CHART - DOLLAR MAKES A NEW LOW


GOLD BUILDING A BASE RATHER THAN A LEDGE HERE


I could be wrong, but with the dollar falling, I will stick
with gold moving higher and maybe making new highs today

DOLLAR FALLING LOWER GIVES SUPPORT TO GOLD


The Indicator markets are moving in all different directions,
but the key market is THE DOLLAR and it's falling.
Bonds, Yen rising
Euro down a bit but holding, should rise soon
Oil, Dow down, but may turn up too
Dollar making new lows

5 MINUTE DOLLAR CHART (delayed prices)


Falling dollar will cause gold to rise

5 MINUTE DOLLAR CHART (delayed prices)


THE INDICATOR MARKETS ARE LEANING TOWARDS GOLD MOVING DOWN, BUT I THINK IT WILL RALLY UP AND OUT OF THIS RED DOWN FLAG




Dollar is moving lower, currently at ..7844

5 MINUTE DOLLAR CHART (delayed prices)


NOW BACK UP


GOLD IS GOING TO FINISH THIS LITTLE PULLBACK , THEN MOVE HIGHER

5 MINUTE DOLLAR CHART (delayed prices)


A PULL BACK THEN HIGHER?



Dollar up off its lows a bit, currently at .78505
Euro moving back up
Bonds topping
Dow turns up

GOLD MOVES BACK UP ON LIGHT VOLUME, WILL IT STOP AT THE 75% POINT AND RETRACE, OR GO HIGHER


Now what?

GOLD JERKING UP AND DOWN, IMPOSSIBLE TO TRADE THIS ACTION

HOURLY DOLLAR CHART FOR PERSPECTIVE


5 MINUTE DOLLAR CHART (delayed prices)


GOLD HEADING MUCH LOWER, OR JUST TESTING THIS LOW?


The Indicator markets say lower

5 MINUTE EURO CHART (delayed prices)


5 MINUTE S&P500 CHART (delayed prices)