DOLLAR SLIPS OFF ITS HIGH

GOLD STILL RISING ON LIGHT VOLUME

Indicator markets are all turning in favor of supporting
higher gold, except the dollar which continues to rise.

DESPITE ALL OTHER MARKETS BEING NOT SUPPORTIVE OF GOLD...GOLD TAKES OFF

DOLLAR RISING

BONDS, YEN RISING, DOW, OIL, EURO FALLING

DOLLAR FALLS TO .7866

DOLLAR RISES SLOWLY

EURO AND OIL MOVE HIGHER, GOLD MAY MOVE UP, BUT BE CAUTIOUS

Dollar is rising, currently .7873

INTERNET EXPLORER IS GIVING ME TROUBLE ACCESSING BLOGGER TO POST MY CHARTS

I'm working on the problem

EURO AND OIL ARE FALLING, GOLD MAY FALL FURTHER

GOLD STARTING TO MOVE LOWER NOW

DECEMBER GOLD IS THE NEXT MONTH WITH THE MOST OPEN INTEREST, NOT OCTOBER

I am trading December gold.
August gold First Notice occurs on this friday the 31st
You should NOT be trading August gold.

Some of the irregularity in gold trading can be attributed
to the roll over of contracts, but not all.

Usually the expiring month will trade very actively right
up to First Notice day.

GOLD MAY BE FORMING THE RIGHT SHOULDER OF A H&S PATTERN WHICH RESOLVES DOWN

VOLUMES ARE VERY LIGHT AND GOLD'S UPWARD

MOVEMENT IS VERY HESITANT

DOLLAR RISING, BUT OVERALL IS A DISASTER

HOURLY CHART FOR PERSPECTIVE ABOVE


5 MINUTE CHART

VOLUME IS VERY ERRATIC AND LIGHT, SPOOKY TRADING RIGHT NOW, GOLD MAY PLUMMET

GOLD RISING ON LOW VOLUME BUT MAY FALL FROM HERE AS THE INDICATOR MARKETS ARE NOT SUPPORTIVE OF GOLD RIGHT NOW

Dollar rising all other markets falling or, at least, not rising

GOLD MAKES ANOTHER NEW HIGH

GOLD JUMPS UP TO THE TOP BLUE UPTREND CHANNEL LINE AND ABOVE THE 75% RETRACE POINT

NOTICE THAT GOLD HAS REACHED THE TOP BLUE LINE OF THE CURRENT UPTREND CHANNEL WHERE IT SHOULD PULL BACK SOME BEFORE MOVING HIGHER

GOLD EXCEEDS THE PREVIOUS HIGH AT 9544 BY ONE TICK ALMOST HITTING THE ULTIMATE 75% RETRACE POINT AT 9547

Gold will probably have a shallow retracement here and

continue higher into the overnight hours where it will

fall sometime before the Crimex open tomorrow

DOLLAR SLIPS LOWER

NEXT 75% RETRACE POINT 95470, COINCIDES WITH THE PREVIOUS TOP AT 95440

EURO RISING, DOLLAR FALLING

GOLD TURNS BACK AT THE WHITE DOWNTREND LINE

GOLD BEGINS ITS PULLBACK

GOLD RISES TO THE WHITE DOWNTREND LINE

NOW A RETRACE BACK DOWN?

GOLD HITS THE 75% RETRACE POINT

GOLD RISES NEARER TO THE 75% RETRACE POINT AT 95170

GOLD WILL PROBABLY PULL BACK 75% HERE

Euro and Oil are rising

Yen falling

Stocks rising

Bonds falling

Dollar slips back a little

GOLD CONTINUES TO RALLY UP TO THE SHORT TERM DOWNTREND LINE AND NEARING THE NEXT TWO RETRACE POINTS

DOLLAR RISES TO .7910

GOLD RALLIES A BIT EVEN THOUGH THE DOLLAR IS UP AND EURO IS DOWN

GOLD MAY BE GETTING READY TO MOVE MUCH LOWER

GOLD RALLIES 75% THE FLOPS DOWN TO THE LOWER 75% POINT, COULD RALLY FROM HERE

Euro falling

Oil slipping lower

Dollar rises to .7899

GOLD MOVES LOWER TO THE PURPLE UPTREND LINE, MAY DROP TO THE 75% POINT AT EITHER 9488 OR 9485

DOLLAR HAS CLIMBED BACK UP TO .78945

OIL AND EURO MOVING LOWER, GOLD MAY FOLLOW

DOLLAR PULLS BACK

SUNDAY...EURO GAPS UP ON THE OPEN THEN FALLS BACK TO FILL IT

SUNDAY...DOLLAR OPENS LOWER

GOLD HEADS FOR THE NEXT LOWER 75% RETRACE POINT AT 9488

Euro moves down to fill the open gap

DOLLAR OPENS DOWN AT .7880, currently at .7884

GOLD FALLS SUDDENLY TO ONE TICK ABOVE THE BIDS AT 95020

OPEN INTEREST IS HIGHEST IN DECEMBER '09 GOLD

I will be trading DECEMBER GOLD
as it has the highest Open Interest
October OI is a measily 19k contracts
while Dec has 138 K right now the same
as August which will stop trading on Friday
when First Notice arrives.

65 BIDS AT 95020 IN AUGUST GOLD

GOLD WILL PROBABLY PULL BACK 75% HERE

GOLD FALLS BACK AFTER A HIGH AT 530 JUST SHORT OF THE 2ND 75% RETRACE POINT AT 95340

Euro has a gap up open

Yen falls from the open

No data from my other Indicator markets yet

SUNDAY 7/26/09 GOLD OPENS UP, HITS THE 1ST 75% RETRACE POINT AND MOVES HIGHER ON LIGHT VOLUME