Wednesday, October 28, 2009

GOLD RISES BACK UP TO THE BOTTOM LINE OF THE UPTREND CHANNEL AND FINDS RESISTANCE AND PULLS BACK


5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


GOLD CREEPS HIGHER BUT EXPECT A PULLBACK AT ANY TIME


HOURLY CHART OF DOLLAR (delayed prices)


GOLD RISES OFF THE LOWS TO THE PREVIOUS HIGH,


2:15 PM PDST AFTERNOON GOLD CLOSE


GOLD MAY DIP LOWER WHEN IT RE-OPENS AT 3PM PDST

GOLD MAY SLIP LOWER


STOCKS, OIL, EURO ALL DOWN PULLING GOLD DOWN
DOLLAR UP FOR NOW BUT WILL FALL SOON

GOLD PUSHED BELOW THE 50% RETRACE POINT OF THE MAJOR UP MOVE FROM 987


THE WHITE DOWNTREND CHANNEL RESOLVES UP
GOLD MAY VERY WELL BE HELD DOWN UNTIL AFTER
OPTIONS EXPIRY ON THURSDAY



RETRACEMENT POINTS ON THE WAY BACK UP


GOLD KEEPS GETTING BEATEN BACK AS EXPECTED





GOLD PLUNGES 75% AS STOCKS, OIL, EURO FALL HARD, BUT GOLD SNAPS BACK ON STRONG VOLUME







PROFIT TAKING AND SHORT MANIPULATION IS


GOING TO BE THE HABIT AS GOLD MOVES BACK UP


FOR THE NEXT FEW DAYS

GOLD SPIKES UP ABOVE THE 75% RETRACE POINT THE PULLS BACK QUICKLY ON STRONG VOLUME


GOLD LOSES UPWARD MOMENTUME, STOCKS, OIL FALLING, EURO RISING




GOLD WILL PROBABLY FALL BACK HARD NOW AS STOCKS, OIL, EURO ALL PULL BACK


STOCKS, OIL, EURO ALL FALLING



GOLD MOVING HIGHER, NEXT RETRACEMENT POINTS ABOVE


BONDS MOVING UP, STOCKS, OIL, EURO ALL STALLING, BUT GOLD IS RISING A BIT HIGHER ABOVE THE RECENT HIGH


GOLD HITS THE 75% RETRACE POINT PLUS A LITTLE
OVER 225 SELLERS AT 1035.90 BUT GOLD COULD BLAST
THROUGH THOSE EASILY


GOLD MOVING HIGHER NOW ON MODERATE VOLUME