Monday, November 2, 2009

A $30 RISE SINCE FRIDAY HAS TO HAVE THE SHORTS CONCERNED


I'M SURE THEY DON'T WANT GOLD TO GO ANY
HIGHER THAN HERE. SO EXPECT AN ATTACK AT
ANY TIME NOW

GOLD CONTINUES HIGHER IN EVENING TRADING


GOLD HAS MOVED ABOVE THE WHITE DOWNTREND
CHANNEL TOP LINE. MAY GET BEAT DOWN SOON
BY THE BULLION BANKS

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)




DELAYED CHART SHOWS DOLLAR DROPPED MUCH

FURTHER. TAKES ABOUT 15 MINUTES FOR DATA

TO CATCH UP TO THIS CHART

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DELAYED CHARTS STILL NOT SHOWING A PLUNGE
IN THE DOLLAR

STOCKS, EURO, OIL MOVE HIGHER, BONDS, YEN DOWN, GOLD SPIKES HIGHER


GOLD MOVES ABOVE THE YELLOW TOP UPTREND
CHANNEL LINE AND PULLS BACK AS STOCKS AND
EURO MOVE UP STRONGLY. THE SHORTS SHOULD
START TO POUND GOLD DOWN SOON.

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR MOVES UP ON INTERVENTION, SO GOLD
MAY MOVE LOWER

GOLD MOVES UP CAUTIOUSLY ON STRONG VOLUME


GOLD STALLING HERE BUT MAY JUMP UP TO THE
RETRACE POINT BEFORE PULLING BACK

SUDDEN SPIKE ON 1,444 CONTRACTS, THEN AN IMMEDIATE PULLBACK


ALL OTHER MARKETS STILL REMARKABLY QUIET
DOLLAR NOT SHOWING ANY BIG DROP

NO INDICATIONS FROM OTHER MARKETS THAT THIS GOLD SPIKE WOULD OCCUR


GOLD MAY PULL BACK TO THE TOP WHITE DOWNTREND
CHANNEL LINE, OR EVEN LOWER IF PROFIT TAKING
KICKS IN HARD