Monday, November 9, 2009


ANOTHER NEW HIGH AND A STRONG PULL BACK AHEAD OF THE CRIMEX OPEN


GOLD PULLS BACK TO THE TOP RED DOWNTREND
CHANNEL LINE FOR SUPPORT. IT WILL PROBABLY
SELL OFF MUCH LOWER ON THE OPEN EVEN IF IT
FIRST GOES HIGHER

ANOTHER NEW HIGH


GOLD RETESTS THE HIGH





FOUR HOUR DOLLAR CHART


DOLLAR BREAKS THE PREVIOUS LOW BY 3 TICKS

ONE HOUR TO GO TO THE CRIMEX OPEN


WILL GOLD MOVE UP FROM HERE, OR CONTINUE LOWER AHEAD OF THE CRIMEX OPEN?


AND THE 2ND 75% RETRACE POINT GETS HIT




GOLD RETRACES TO THE 1ST 75% POINT


GOLD SHOULD START GETTING BEATEN DOWN AS WE APPROACH THE CRIMEX OPEN


GOLD SHOULD MOVE LOWER TO THE NEX 75% RETRACE POINT BEFORE ANY RALLY HIGHER


FOUR HOUR DOLLAR CHART


DOLLAR APPROACHES THE PREVIOUS LOWS
WILL IT TAKE THEM OUT?
WOULD MEAN GOLD WOULD SKYROCKET

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR MOVES EVEN LOWER

ANOTHER POSSIBLE H&S PATTERN DEVELOPS




ANOTHER NEW HIGH


280 SELLERS ONE TICK ABOVE AT 1110
GOLD COULD JUMP RIGHT THROUGH THEM

ANOTHER NEW HIGH






ANOTHER NEW HIGH



258 SELLERS UP AT 1010

GOLD PULLS BACK AFTER RETRACING UP 75%, NOW FOR ANOTHER LEG UP AFTER THIS PULL BACK




GOLD HITS THE LAST 75% RETRACE POINT AND PULLS BACK, MAY BE A SHALLOW PULL BACK AND CONTINUE HIGHER


DOLLAR FADES FROM ITS LITTLE BOUNCE