Wednesday, January 27, 2010

GOLD PUSHES A LITTLE LOWER


OTHER MARKETS FALLING AND RISING IN VOLATILE
MANNER. TOO DIFFICULT TO REPORT ON

FOMC REPORT NO CHANGE

EURO, STOCKS, OIL, ,YEN, BONDS
ALL FALL RAPIDLY
GOLD PULLS BACK A LITTLE

GOLD FALLS BELOW THE PREVIOUS LOW AT 1086.50



GOLD FALLS BELOW THE YELLOW BOTTOM
UPTREND CHANNEL LINE

5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)


DOLLAR NOT GIVING MANY HINTS AS TO WHAT
WILL HAPPEN TO GOLD

BERNANKE, GEITHNER ABOUT TO TESTIFY

rEMBER...

tHE GUV'MINT ALWAYS MAKES THE MARKET LOOK GOOD
WHEN THEIR PEOPLE SPEAK
SO GOLD SHOULD GO DOWN AND DOLLAR SHOULD GO UP

GOLD MAY BREAK OUT OF THE RED DOWNFLAG TO THE UPSIDE, BUT I THINK IT'S GOING TO MOVE BACK DOWN LOWER



EURO IS TURNING DOWN
BUT STOCKS ARE CLIMBING WELL RIGHT NOW
DOLLAR IS STILL HIGHER
THE BULLION BANKS ARE GOING TO KEEP
BASHING GOLD DURING THE CRIMEX SESSION
ESPECIALLY WHEN IT RALLIES WELL AGAINST
A RISING DOLLAR

5 MINUTE MARCH 2010 EURO CHART (delayed prices)


EURO DOESN'T LOOK STRONG TO ME, SO NOT FOR
GOLD EITHER