DOLLAR FALLS HARD
Wednesday, November 18, 2009
GOLD MAY MOVE DOWN A BIT BEFORE ANOTHER RALLY
STOCKS MAY BE BOTTOMING
OIL CHOPPING
OIL CHOPPING
EURO FALLING AGAIN
BONDS MOVE UP AFTER ITS PLUNGE
GOLD MOVING LOWER
BONDS, STOCKS, OIL, EURO, YEN ALL PLUNGING
DOLLAR FALLS LIKE A ROCK TOO!
THAT'S WHY GOLD TOOK OFF
BUT'S IT'S PULLING BACK QUICKLY RIGHT NOW
ANOTHER NEW HIGH
THIS COULD BE A TOP FOR TODAY'S CRIMEX SESSION
GOLD IS VERY NEAR THE TOP WHITE UPTREND CHANNEL
LINE THAT WOULD MEAN GOLD IS OVER BOUGHT FOR
THIS CHANNEL (NOT IN GENERAL!)
DON'T EVEN THINK ABOUT SHORTING GOLD!
YOU WILL GET KILLED!
GOLD CONSOLIDATING ON A LEDGE TO FALL FURTHER?
A FAKE OUT RALLY?
WILL GOLD SPIKE HIGHER?
OR SUDDENLY FALL LOWER NOW?
STOCKS, OIL, EURO ALL FALLING FAST
GOLD FALLING TO THE LOWER AREA OF THE RED
DOWN FLAG
GOLD AND THE OTHER MARKETS ARE NOT MOVING
IN CONCERT, SO IT'S HARD TO GET A GOOD INDICATION
OF WHAT GOLD WILL DO.
I'M USING MY EXPERIENCE OF WHAT GOLD USUALLY DOES
TO DETERMINE ITS NEXT MOVES
ULTIMATELY, GOLD IS GOING MUCH HIGHER, SO IT'S
BEST TO JUST HANG ON TO ALL CASH GOLD AND ANY
WELL MARGINED LONG POSITIONS, OR MOVE THEM
NOW TO FEB 2010 GOLD FUTURE CONTRACT BY SELLING
THEM NOW AND REBUYING FEB 2010 ON ANY PULL BACK
EURO ZOOMS HIGHER, STOCKS UP, OIL BACKS OFF FROM ITS UP MOVE
GOLD CONSOLIDATING IN THE RED DOWN FLAG
AND COULD SPIKE HIGHER
RHINO HORN ALERT!
GOLD MAY NOT PULL BACK TOO MUCH ANYMORE.
MAY CONSOLIDATE AT, OR JUST ABOVE, THE TOP
WHITE DOWNTREND CHANNEL LINE JUST EXCEEDED.
GOLD IS DEFINITELY IN A BULL MARKET WITH LITTLE
CHANCE OF A MAJOR PULL BACK UNTIL IT REACHES 1200
GOLD MOVES BACK UP PAST THE 1ST RETRACE POINT, NOW A PULL BACK THEN HIGHER?
GOLD MAY RETEST THE LOW BEFORE MOVING HIGHER
