Monday, December 7, 2009

GOLD IS RESPECTING THE BLUE UPTREND LINE SO FAR


WHEN TRADING A RANGE LIKE THIS, DO NOT BE GREEDY1
JUST TAKE THE MIDDLE OF THE RANGE BY GETTING OUT
THE SECOND STALLS AS IT MOVES UP OFF THE LOWS.
DO NOT SHORT GOLD....EVER!....ESPECIALLY AT THIS LEVEL,
UNLESS YOU ARE SUICIDAL

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR FALLING, AS USUAL, WITHOUT THE BENEFIT
OF INTERVENTION

SEE THE YELLOW TRADING RANGE?


GOLD WILL SOON BREAK OUT OF THIS TRADING RANGE,
MORE THAN LIKELY TO THE UPSIDE.
ALTHOUGH, UNTIL THE MARKET SHOWS MORE
STRENGTH TO THE UPSIDE IN VOLUME, ANYTHING
COULD HAPPEN.

15 MINUTE MARCH 2010 EURO CHART (delayed prices)


MARCH 2010 IS NOW THE FRONT MONTH FOR
YEN, EURO AND TBONDS
EURO MOVING BACK UP, SHOULD DRAG GOLD UP
WITH IT.

SIX HOUR DOLLAR CHART


SEE THE PATTERN? EACH OF THESE 'INTERVENTION SPIKES'
FAILS AND THE DOLLAR MOVES EVEN LOWER
KEEP YOUR PERSPECTIVE!

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR WILL BE HEADING BACK DOWN BEFORE TOO LONG

GOLD MAY FOLLOW THIS BLUE UPTREND CHANNEL, BUT COULD BE FORMING A LARGE LEDGE TO FALL OFF OF, ONLY TO RALLY LIKE A ROCKET AT SOME POINT VERY SOON


75% RETRACEMENTS BOTH UP AND DOWN AS GOLD TRADES SIDEWAYS IN A WIDE TRADING RANGE


NEW WHITE INTERMEDIATE UPTREND CHANNEL LINES DRAWN TO INCLUDE THIS MORNING'S LOW AT 1136.1




AT THE 1138 LOW 18,000 CONTRACTS WERE TRADED AS GOLD ROSE TO 1147, NOW A 75% RETRACE, THEN HIGHER


GOLD BREAKS BELOW THE WHITE INTERMEDIATE UPTREND CHANNEL LOWER LINE


THE BULLION BANKS ARE MERELY TAKING FURTHER
ADVANTAGE (on instruction from the world's elites) OF
THIS BIG DIP IN GOLD. THIS BIG SELL OFF HAS TAKEN
PLACE EVERY YEAR NOW FOR THE LAST SIX YEARS,
AT LEAST, JUST BEFORE GOLD MOVES ON TO HIGHER
HIGHS. DON'T BOTHER THINKING GOLD IS GOING TO
KEEP MOVING DOWN. THINK ABOUT HOW TO ACQUIRE
ALL YOU CAN AT THESE LEVELS...IN CASH COINS...
THE MARKET IS JUST SHAKEY (as was intended by the shorts!)
AND WILL SOON RALLY LIKE A ROCKET

GOLD CONTINUES TO FALL SUNDAY AND OVERNIGHT AS IT ALMOST TOUCHES THE INTERMEDIATE LOW AT 1135, SHOULD BE THE BOTTOM HERE




GT RUNNING BEHIND THIS A.M. AS TEMPS IN NO. IDAHO ARE IN THE SINGLE DIGITS

POWER OUTAGES ARE HAPPENING IN THE AREA, SO IF YOU DON'T
HEAR FROM ME FOR A TIME, I MAY BE AFFECTED AT ANY TIME
THESE TEMPS WILL LAST FOR THE REST OF THE WEEK DUE TO
A COLD FLOW OF AIR BLOWING DOWN FROM CANADA (THANKS, HOSERS!)

NEXT, AS TEMPS RISE TO ONLY THE FREEZING LEVEL, WE WILL PROBABLY
GET SOME SNOW NEXT WEEK. THEN THE WORK REALLY BEGINS.

GOLD FALLS BACK TO THE LOW



12:18AM PST


GOLD FALLS AT MIDNIGHT PST BACK DOWN TO
THE WHITE BOTTOM UPTREND LINE

Sunday, December 6, 2009

11:40PM PST


YELLOW UPTREND LINES REDRAWN AGAIN TO
INCLUDE THE NEW LOW

11:18PM PST


RED DOWNTREND CHANNEL RESOLVES UP.
YELLOW CHANNEL LINES WILL BE REDRAWN

10:51PM PST


YELLOW UPTREND CHANNEL LINES REDRAWN AGAIN
TO INCLUDE THE NEW LOW JUST MADE.
THE ANGLE OF THE CHANNEL IS ANGLING LOWER
AND COULD FINALLY BE VIOLATED TO THE DOWN SIDE

10:09PM PST