DOLLAR DROPS TO .7642, EURO PULLS BACK A BIT


GOLD MAY TURN RIGHT BACK UP AND MOVE EVEN HIGHER IF DOLLAR KEEPS FALLING

HOURLY DOLLAR CHART (delayed prices) 10:05PM PDST


DOLLAR PROBES A TICK LOWER TO .7657
IT DOESN'T APPEAR THAT INTERVENTION WORKS ANYMORE

GOLD TEST THE HIGH AS DOLLAR MAKES NEW LOWS IN EARLY EVENING TRADING


GOLD MAY MOVE HIGHER UP TO, OR EVEN HIGHER THAN, THE OLD HIGH AT 1025.0
OR COULD BE STOPPED THERE UNTIL TOMORROW
EURO MOVING HIGHER
GOLD TICKS A LITTLE HIGHER ON GOOD VOLUME
THEN PULLS BACK. COULD KEEP MOVING HIGHER AS EURO MOVES HIGHER
AND DOLLAR MOVES LOWER

HOURLY DOLLAR CHART


DOLLAR TAKES OUT THE PREVIOUS LOW
FALLS TO .76645

HOURLY DOLLAR CHART


DOLLAR ABOUT TO FALL BELOW THE PREVIOUS LOW AT .7668

GOLD ACTING LIKE IT WANTS TO MOVE LOWER


STOCKS UP 125, BUT MAY BE TOPPING
OIL PULLING BACK IN A DOWN FLAG
EURO PULLING BACK FROM ITS HIGHS
DOLLAR LOWER

GOLD PULLS BACK 75% THEN BACK UP 75% FORMING A DOWN FLAG


GOLD COULD DO ANYTHING THIS AFTERNOON BUT MOST LIKELY WILL GO SIDEWAYS
TO LOWER UNTIL THIS EVENING AND OVERNIGHT WHEN IT COULD GO MUCH HIGHER

OVER 200 SELLERS AT 1019.00, GOLD COULD SPIKE THROUGH THEM


GOLD HAS RETESTED THE HIGH BY ONE TICK AND PULLED BACK
THIS IS TOPPING ACTION

UP VOLUME IS NOT VERY STRONG, BUT COULD BE AT ANY SECOND

GOLD PRICE MOVES ABOVE ALL THE MOVING AVERAGES


GOLD MAY PULL BACK NOW TO ALLOW THE AVERAGES TO FIND EQUILIBRIUM
WITH THE GOLD PRICE

GOLD BREAKS UP AND OUT OF THE WHITE INTERMEDIATE DOWNTREND CHANNEL


THIS HIGHER CLOSE WILL IMPROVE THE CHANCES OF GOLD MOVING MUCH HIGHER
AND ABOVE $1030

GOLD PUSHES HIGHER VERY CAREFULLY



SELLERS MOVE IN AT THE WHITE DOWNTREND LINE
EURO, STOCKS, OIL TURN HIGHER AGAIN
GOLD COULD EITHER SPIKE OR COLLAPSE BEFORE THE CRIMEX CLOSE

GOLD PULLS BACK A BIT THEN CREEPS UP, COULD SPIKE AGAIN IF SHORTS COVER


HARD TO CALL HERE, EURO PULLS BACK IN A DOWN FLAG, AND COULD MOVE HIGHER
OIL FLAT FOR NOW
STOCKS UP BUT TOPPING
DOLLAR FALLS MORE
GOLD IS GOING HIGHER SOON, MAYBE JUST NOT RIGHT NOW