Sunday, November 29, 2009

GOLD CONTINUES TO RISE IN STEPS


GOLD BREAKS OUT OF ANOTHER RED DOWN FLAG


30 MINUTE DECEMBER DOLLAR CHART (delayed prices)






GOLD COULD MOVE BACK UP IN STEPS


GOLD GETS KNOCKED LOWER ON STRONG VOLUME AS EURO, OIL AND STOCKS FALL, YEN RISES, BONDS FLAT


GOLD FORMING A LEDGE, COULD MOVE LOWER



THE LARGER PICTURE


GOLD BREAKS OUT OF THE RED DOWN FLAG AND STOPS AT THE PREVIOUS HIGH, SHOULD BREAK OUT OF THE YELLOW TRADING RANGE





GOLD PULLS BACK TO THE TOP RED DOWN FLAG LINE FOR SUPPORT


GOLD BREAKS OUT OF THE RED DOWN FLAG UP TO THE PREVIOUS HIGH AND PULLS BACK



15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


RED DOWN FLAG SHOULD RESOLVE UP


15 MINUTE DECEMBER DOLLAR CHART (delayed prices)