Tuesday, September 29, 2009
GOLD CONTINUES TO BE HELD UNDER $1000 LEVEL BUT BUYERS ARE GETTING STRONGER
MORE 'TUG OF WAR' TRADING ACTION TODAY WITH BUYERS MANAGING TO PUSH GOLD UP,
BUT THE 'MANIPULATORS' ARE DOING EVERYTHING IN THE BOOK TO KEEP GOLD DOWN.
THEY WILL LOSE THE BATTLE AND HAVE TO COVER THEIR SHORT POSITIONS, WHICH
WILL DRIVE GOLD UP LIKE A ROCKET LAUNCH VERY SOON.
THE GUV'MINT'S FISCAL YEAR ENDS ON SEPT 30TH AND WILL TRIGGER A LOT OF DISCLOSURES
OF FINANCIAL NUMBERS AND OBLIGATIONS THAT WILL EXPOSE THE GUV'MINTS BANKRUPT CONDITION EVEN MORE AND SHAKE UP THE MARKETS IN A NEGATIVE WAY.
SINCLAIR'S COUNTDOWN TO ECONOMIC ARMAGEDDON IS RIGHT ON SCHEDULE
GOLD TURNED BACK FROM THE HIGHS, PULLS BACK TO THE PURPLE UPTREND CHANNEL LINE
STOCKS, YEN, EURO, OIL ALL TURN DOWN
SHOULD PULL GOLD LOWER
15 MINUTE DECEMBER DOLLAR CHART (delayed prices) 7:48AM PDST
DOLLAR MAKES ANOTHER HIGH BUT PULLS BACK A GOOD BIT
GOLD BREAKS OUT OF THE NEW RED DOWN FLAG BUT PULLS BACK AT 994
GOLD MAY HAVE MOVED ALL IT'S GOING TO TODAY IN THE CRIMEX SESSION
TRADERS ARE STARTING TO SELL UNDER THE HIGH OF THE DAY
GOLD PULLS BACK AFTER A VERY STRONG UP MOVE TO THE 75% RETRACE POINT
GOLD FINDING SUPPORT ABOVE THE PULL BACK RETRACE POINT AND THE TOP
LINE OF THE RED DOWN FLAG, THE USUAL PLACES WHERE GOLD FINDS SUPPORT
BEFORE MOVING BACK UP
GOLD STILL HAS A LITTLE HIGHER TO GO TO ACTUALLY TOUCH THE 75% RETRACE POINT
UP AT 995 WHICH IT COULD DO BEFORE FALLING BACK A GOOD BIT
15 MINUTE DECEMBER DOLLAR CHART (delayed prices) 6:30AM PDST
DOLLAR PULLS BACK AFTER MAKING A NEW HIGH
THIS IS TOPPING ACTION
SHOULD HELP GOLD MOVE HIGHER THE MORE THE DOLLAR FALLS
BUT GOLD MAY RETRACE MORE BEFORE IT MOVES HIGHER
STOCKS, OIL, EURO PULLING BACK AFTER A GOOD MOVE UP, PULLS GOLD DOWN
GOLD WILL PROBABLY PULL BACK A GOOD BIT AFTER THIS STRONG UP MOVE
BEFORE RALLYING IN A SECOND LEG HIGHER
GOLD WILL PULL BACK NOW THEN MOVE BACK UP
GOLD HITS THE NEXT 75% RETRACE POINT
WILL PULL BACK A GOOD BIT, OR STAY HERE AND CONSOLIDATE TO MOVE HIGHER
STOCKS, OIL, EURO ALL TURNING HIGHER
GOLD IS GRINDING OUT HIGHER HIGHS IN THIS BATTLE WITH THE SHORTS
SOON THE SHORTS WILL HAVE TO COVER THEIR POSITIONS
AND GOLD WILL SPIKE UP
GOLD BEGINS TO MOVE HIGHER AS SHORTS TRY TO KEEP IT DOWN
STOCKS RISING FAST
OIL TURNS DOWN
EURO STILL TRYING TO TURN HIGHER
BONDS FALLING HARD
