Friday, September 4, 2009

THE BIG PICTURE


THIS WEEK'S GOLD TRADING


THE VERTICAL PINK LINES DESIGNATE MIDNIGHT PDST
THE VERTICAL WHITE LINES DESIGNATE THE COMEX OPEN
THE VERTICAL BLUE LINES DESIGNATE THE COMEX CLOSE

GOLD MOVES BACK UP AS GOLD CLOSES AN HOUR EARLY FOR THE HOLIDAY WEEKEND



POSSIBLE RETRACEMENT POINTS ON THE WAY BACK UP


THE RED DOWN FLAG RESOLVES UP




NO SELL OFF ON THE CRIMEX CLOSE


GOLD MAY GO EVEN HIGHE AFTER THE CRIMEX CLOSE IN AFTERNOON TRADING




APPROACHING THE CRIMEX CLOSE


How is the Crimex ever going to physically
deliver all the gold?

15 MINUTE DOLLAR CHART (delayed prices)


ALL HOPE IS GONE FOR THE BUCK

HIGHER YET


15 MINUTE DOLLAR CHART (delayed prices)


KERPLOP GOES THE DOLLAR!

A PULL BACK TO THE TREND LINES FOR SUPPORT, THEN BACK UP HIGHER


HIGHER AND HIGHER IT GOES


15 MINUTE DOLLAR CHART (delayed prices)


DOLLAR FALLS FURTHER

THE SPIKE HIGHER IS COMING


GOLD CONSOLIDATING HERE TO MOVE HIGHER




15 MINUTE DOLLAR CHART (delayed prices)


DOLLAR PLUNGES

GOLD RALLIES BIG TIME AND ALMOST KEEPS GOING


Another rally should make it higher



15 MINUTE DOLLAR CHART (delayed prices)


DOLLAR STARTS TO SLIP