Wednesday, September 23, 2009

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)

GOLD BREAKS OUT OF THE WHITE UPTREND CHANNEL TO THE 75% RETRACE POINT


GOLD THEN PULLS BACK TO THE TOP WHITE LINE OF THE UPTREND CHANNEL FOR SUPPORT
SHOULD MOVE MUCH HIGHER SOON

GOLD BREAKS OUT OF THE RED DOWN FLAG AND RISES ABOVE THE 75% RETRACE POINT FOR THIS DOWN LEG

WE ARE ENTERING THAT TIME FRAME WHEN GOLD TRADING BECOMES MORE ACTIVE, GOLD SHOULD MOVE HIGHER SOON

SIMPLY AMAZING HOW THE TRENDLINES AND TREND CHANNELS INTERSECT SO PRECISELY SO OFTEN


THE RED DOWN TREND CHANNEL SHOULD RESOLVE UP

GOLD STILL MAKING UPWARD PROGRESS

A LARGER VIEW

GOLD RETRACES TO THE 1ST 75% POINT

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR GETS 'WOBBLY' TO THE DOWNSIDE AGAIN

GOLD RETRACES, SHOULD CONTINUE HIGHER TONIGHT

GOLD PULLS BACK TO THE TOP WHITE LINE OF THE SHORT TERM UPTREND CHANNEL FOR SUPPORT

GOLD MAY BE FINDING SUPPORT ON THE 10 DAY MOVING AVERAGE

GOLD CONTINUES HIGHER GRADUALLY ON LIGHT VOLUME WHICH IS MORE CONSTRUCTIVE THAN RAPID UP SPIKES


This type of incline does lend itself to a sudden self off the higher it goes
as traders become increasingly eager to preserve what profits they have gained on paper and want to realize by selling out.

GOLD BEGINS TO CREEP HIGHER

AND THE S&P 500 AND THE DOW FALL OFF THE CLIFF AT THE END OF THE SESSION


HOURLY CHART OF THE S&P 500

LET''S NOT FORGET CRUDE OIL


HOURLY CHART OF NOVEMBER CRUDE OIL

BONDS GOT CRAZY TOO!


15 MINUTE BOND CHART

VERY STRANGE TRADING IN THE EURO AFTER THE FOMC REPORT


5 MINUTE EURO CHART

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


OBVIOUSLY, GUV'MINT INTERVENTION CAME TO THE RESCUE AS THE DOLLAR
FELL OFF THE CLIFF

EVENENING GOLD


GOLD WILL WORKS ITS WAY HIGHER TONIGHT AND MAKE ANOTHER MOVE IN THE WEE HOURS
THEN GET SMASHED DOWN IN TOMORROWS' CRIMEX SESSION