Sunday, October 18, 2009

GOLD MOVES HIGHER STRONGLY ON MODERATE VOLUME FOR THIS TIME PERIOD


EURO,STOCKS, YEN MOVING HIGHER
BONDS, OIL FLAT
DOLLAR ATTEMPTS TO RISE BUT FALLS BACK QUICKLY
MAY HAVE FALLEN FARTHER THAN MY DELAYED PRICES ARE SHOWING

GOLD DROPS ON 300 CONTRACTS BUT RALLIES QUICKLY



SHOWS GREAT STRENGTH IN GOLD. VERY POSITIVE AT THIS HOUR
BUT GOLD WILL PROBABLY PULL BACK SOON AS IT APPROACHES THE
75% POINTS ABOVE

WILL GOLD PULL BACK, OR MOVE HIGHER?



GOLD HITS THE NEXT HIGHER 75% RETRACE POINT EXACTLY AND PAUSES HERE
COULD CONSOLIDATE AND MOVE HIGHER IF IT DOESN'T PULL BACK SOME
OIL AND EURO MOVING HIGHER
BONDS, YEN DOWN

SUNDAY EVENING GOLD OPENS DOWN BUT NOW MOVING HIGHER



ALL THE DOWN FLAGS/TREND CHANNELS SHOULD RESOLVE UP