GOLD HITS THE 75% RETRACE THEN PULLS BACK

Dollar higher, Euro lower.

Gold finds support on the new white top down trend

line for now

5 MINUTE DOLLAR CHART (delayed prices)

5 MINUTE DOLLAR CHART (delayed prices)

5 MINUTE DOLLAR CHART (delayed prices)

WHITE DOWN FLAG LINES REDRAWN, GOLD SHOULD RISE NEAR MIDNIGHT PDST

GOLD MOVE UP TO BOTH RETRACE POINTS, MAY MOVE HIGHER AS DOLLAR FALLS AND EURO RISES

POSSIBLE RETRACEMENT POINTS ON THE WAY UP

Dow, Oil, Euro moving up

GOLD RALLY MAY FIND RESISTANCE AT THE PREVIOUS LOWER BLUE UPTREND LINE

GOLD DROPS BELOW THE BLUE UP FLAG ON 179 CONTRACT THEN RALLIES, ALL WITHIN THE WHITE DOWN FLAG

GOLD RETRACES BACK UP 75%

GOLD TRADES WITHIN THE BLUE UP FLAG

5 MINUTE EURO CHART (delayed prices)

5 MINUTE DOLLAR CHART (delayed prices)

GOLD RETRACES 75%, THEN BOUNCES, ALL ON LIGHT VOLUME

GOLD MOVES UP ABOVE BOTH THE WHITE DOWN FLAG AND THE BLUE UP FLAG

GOLD MOVES UP

THE WHITE DOWN FLAG RESOLVES UP, THE BLUE UP FLAG RESOLVES DOWN

Depending on the direction gold takes, support should
occur first at the yellow top down flag line just exceeded
around 950, then at the previous consolidation area around
946.

SUNDAY EVENING GOLD OPENS DOWN BUT RALLIES, LIGHT VOLUME WITH NO DIRECTION YET