THE YELLOW DOWNTREND CHANNEL SHOULD RESOLVE UP


GOLD WILL BECOME MORE ACTIVE CLOSER TO 11PM PST
WHEN THE FOREIGN MARKETS KICK IN.
AS THE DOLLAR IS LOWER, EXPECT GOLD TO RISE
OVERNIGHT UNLESS THE GOLD BASHERS MOVE IN
IN ADVANCE

GOLD DROPS AS STOCKS, OIL, EURO MOVE DOWN


GOLD DROPS TO THE 75% RETRACE POINT WHICH
ALSO COINCIDES WITH THE WHITE TOP LINE OF THE
DOWNTREND CHANNEL THAT WAS JUST EXCEEDED
WHERE SUPPORT SHOULD BE FOUND

THE LARGER PICTURE


THE WHITE DOWNTREND CHANNEL IS ALSO
A LARGE DOWN FLAG THAT RESOLVES UP

GLOBEX GOLD TRADING CLOSES AT 1:15PM EASTERN TODAY AND REOPENS AT 5PM EASTERN TODAY ONE HOUR EARLIER THAN USUAL

GOLD TRADING SHOULD START TO BECOME MORE ACTIVE
THIS EVENING AND OVERNIGHT AS OTHER MARKETS REOPEN
FOR REGULAR TRADING

GOLD MOVES LOWER


THE BULLION BANKS ARE TAKING ADVANTAGE
OF A THIN HOLIDAY MARKET TO DRIVE GOLD LOWER

GOLD DROPS BELOW THE THIN WHITE UPTREND CHANNEL'S LOWER LINE BUT STILL WITHIN THE RED DOWN FLAG


GOLD TRADING VOLUME SHOULD BE MUCH THINNER
THAN USUAL, BUT GOLD COULD STILL MAKE SOME
WILD MOVES.
MANY MARKETS ARE NOT OPEN TODAY MAKING IT
DIFFICULT TO GET DATA OR POST CURRENCY CHARTS
AS FUTURESOURCE IS CLOSED TODAY AND NOT UPDATING
THEIR CHARTS

GOLD STARTS TO SLIP LOWER AHEAD OF THE CRIMEX OPEN



GLOBEX IS THE MAIN TRADING PLATFORM TODAY
AS THE CRIMEX PITS MAY BE CLOSED