Tuesday, December 15, 2009
GOLD MOVES HIGHER ON INCREASING VOLUME
NEXT TOPS TO EXCEED: 1128.8, 1130, 1132.5
GOLD COULD MOVE ABOVE THE NEXT HIGHS AND
THEN SPIKE A BIT HIGHER ONLY TO PULL BACK
ON PROFIT TAKING
GOLD RETRACES 75% OF THE MORNING RALLY, THEN RETRACES 75% OF THAT, AND SO ON
GOLD SELLS OFF INTO THE CRIMEX CLOSE,
RALLIED BACK UP 75% AND IS NOW MOVING DOWN
OUT OF THE BLUE UPTREND CHANNEL JUST FORMED.
NEXT SUPPORT AREA IS ON THE WHITE UPTREND CHANNEL
LOWER LINE OR EITHER OF THE RETRACE POINTS SHOWN
5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)
I CALL THIS PATTERN THE SAGGING BOSOMS
IT SHOULD RESOLVE LOWER AFTER THIS LAST
PPT GOOSE FAILS TO MOVE MUCH HIGHER
GOLD RETRACES TODAY'S RUNUP 61.8%
BONDS, YEN MOVING LOWER
EURO MOVING DOWN
STOCKS MAY BE 'FLAGGING' FOR A MOVE HIGHER
OIL PULLING BACK
GOLD MAY BE RELUCTANT TO MOVE HIGHER FOR NOW AFTER SUCH A GOOD RUNUP
GOLD IS FALLING OUT OF THE MOST RECENT RED
DOWNFLAG AND COULD MOVE ALL THE WAY BACK
DOWN AS PROFIT TAKERS WILL WANT TO HOLD ON
TO WHAT PROFITS THEY STILL HAVE FROM THE RUN UP.
IT'S STILL POSSIBLE FOR GOLD TO MOVE HIGHER LATER
IN THE SESSION
MARKETWATCH PUTTING OUT BULLSHIT ARTICLES ON HOW GOLD HASN'T MOVED ON THE PPI NUMBERS
GOLD MOVES UP ABOUT $15 FROM THE INITIAL DIP
AND ALL MARKET WATCH CAN PUBLISH IS THE DIP PART?
WHAT ASSHOLES!
AND ALL MARKET WATCH CAN PUBLISH IS THE DIP PART?
WHAT ASSHOLES!
GOLD COULD PULL BACK A LITTLE MORE AS BONDS ARE RISING WELL, EURO PULLING BACK, STOCKS SHAKEY
GOLD WILL, I REPEAT, WILL...
MOVE HIGHER AFTER THIS PULL BACK
THIS MORNING'S MOVES SHOW ME THAT THE
BOTTOM FOR GOLD IS IN AND GOLD WILL MOVE
HIGHER FROM HERE ON
GOLD FIGHTING STRONG HEADWINDS ON THE WAY BACK UP, BUT WHEN THE SHORTS FINALLY COVER...WATCH OUT!
GOLD IS CONSOLIDATING HERE FOR FURTHER
MOVES HIGHER UNTIL GOLD SPIKES AS BUYERS
PILE IN TO NOT GET LEFT BEHIND
THE MANIPULATORS ARE GOING TO KEEP BEATING ON GOLD ALL THE WAY BACK UP
GOLD LONGS WILL SELL EVERY TIME IT STALLS
ON THE WAY BACK UP CREATING STAIR STEPS
MOVING HIGHER
GOLD COULD MOVE UP STRONGLY FROM HERE
OIL SUDDENLY FLOPS HARD
STOCKS, EURO CONSOLIDATE TO MOVE UP FURTHER
GOLD STARTS TO TAKE OFF BUT PULLS BACK BEFORE IT REALLY GETS GOING
STOCKS, OIL, EURO ALL TURN UP WELL
