Thursday, November 12, 2009
GOLD SPIKES UP QUICKLY AND STALLS ON THE BLUE DOWNTREND CHANNEL TOP LINE
A PULL BACK AND GOLD SHOULD KEEP MOVING UP
STOCKS, EURO, OIL ALL TURN BACK UP
GOLD RALLLIES INTO THE CRIMEX OPEN, CONSOLIDATES, COULD MOVE HIGHER
STOCKS, OIL, EURO STILL TRENDING UP SLIGHTLY
A PULL BACK WOULD BE NORMAL AFTER GOLD HIT
THE 75% RETRACE POINT ON THE RALLY
GOLD MAY RALLY AHEAD OF THE CRIMEX OPEN
OFTEN GOLD WILL RALLY AHEAD OF THE CRIMEX OPEN
ONLY TO FADE JUST BEFORE THE OPEN OR WHEN
THE SESSION BEGINS
STOCKS, OIL, EURO BEGINNING TO TURN UP
GOLD RALLYING AFTER A QUICK SELL OFF TO THE RETRACE POINT
GOLD NEEDS TO BUILD A BASE HERE TO MOVE
HIGHER, BUT ALL THE INDICATOR MARKETS ARE
NEGATIVE TO GOLD RIGHT NOW. THEY ARE ALL
DOWN INCLUDING BONDS AND YEN.
ONLY DOLLAR IS UP
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