ANOTHER NEW HIGH

Gold is right up against the white top line of the INTERMEDIATE

UPTREND CHANNEL. This might usually indicate an overbought

condition. But as you have seen for days now, there is no stopping

this gold rise.

For the rest of this evening, and overnight, expect to see gold

stair step higher just like last night.

Any sizeable pullback is worth buying into, if for nothing else,

than trading the inevitable jump up like the one you're looking at

2:15PM PST AFTERNOON GOLD CLOSE

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)

HOW IT'S GONE SO FAR TODAY, GOLD MAKING HIGHER LOWS AND LOWER HIGHS

GOLD SQUEEZING INTO A TRIANGLE THAT MUST

RESOLVE UP OR DOWN. I SAY UP

GOLD MOVES ABOVE THE YELLOW DOWNTREND LINE AHEAD OF THE CRIMEX CLOSE

GOLD MOVES A BIT HIGHER

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)

GOLD MOVING HIGHER GRADUALLY IN AN UP FLAG THAT COULD RESOLVE DOWN

GOLD PULLS BACK TO THE PURPLE UPTREND LINE NEAR THE 75% RETRACE POINT, SHOULD MOVE HIGHER NOW

WILL GOLD FALL FURTHER?

GOLD BREAKS HIGHER TO NEAR THE 75% RETRACE POINT AND CONSOLDATES

GOLD FINDS RESISTANCE AT 1212

GOLD STALLS, SHOULD PULL BACK BEFORE MOVING HIGHER

GOLD FINDS SUPPORT AT 1208

THIS IS THE DIP TO BUY IN

WHEN GOLD DOESN'T GO UP...IT GOES DOWN

GOLD PULLS BACK FROM THE RETRACE POINT

GOLD FINDING RESISTANCE AT 1217

BUY THIS DIP AND SELL IT THE SECOND GOLD STALLS

WHEN IT RALLIES

GOLD GOING TO SPIKE HIGHER?

GOLD COULD GO EITHER DIRECTION FROM HERE

THE LONGS AND SHORTS ARE IN A STALEMATE AT

THIS POINT, BUT THE LONGS MAY PREVAIL HERE

GOLD PROBABLY MOVING LOWER BEFORE THE NEXT RALLY

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)

DOLLAR BUILDING A WIDE LEDGE TO FALL FROM

GOLD BREAKS OUT OF THE RED DOWN FLAG, THE 75% RETRACE POINT IS JUST ABOVE AND COULD BE A PULL BACK POINT, OR...GOLD COULD JUST KEEP GOING UP

A PULL BACK TO THE TOP BLUE DOWNTREND LINE FOR SUPPORT IS POSSIBLE

A BIG PULLBACK, OR JUST A CONSOLIDATION, THEN HIGHER?

SO FAR, JUST A CONSOLIDATION WHICH MEANS
HIGHER GOLD

THE LONGS CAN BE TOUGH TOO, NO PITY FOR THE SHORTS FROM ME

ANOTHER GOOD RALLY, COULD GO HIGHER, BUT SHOULD PULL BACK, THEN GO HIGHER

AN EXTRA SURGE AT THE END PUSHES GOLD BEYOND

THE BLUE DOWNTREND LINE

ALL MARKETS LOWER, LOTS OF SELLING PRESSURE ON GOLD, BUT WILL RALLY SOON

GOLD MAY MOVE LOWER, BUT WILL FIND A RALLY

POINT SOON. NO 'WIPE OUT' IS COMING. THE SHORTS

ARE JUST TRYING TO GET GOLD BACK UNDER $1200

TO SHAKE OUT THE WEAK LONGS

GOLD GETTING PUSHED DOWN, MIGHT GO LOWER

MARKET MOVING TOO FAST TO TRADE AND POST

GOOD CHARTS

A GOOD 1ST RALLY, NOW A PULL BACK, THEN HIGHER

BONDS TOPPING, YEN DOWN, EURO, OIL, STOCKS DOWN BUT ABOUT TURN UP

GOLD MOVES DOWN A LITTLE MORE

MAY DROP A LITTLE LOWER

BONDS RISING, EURO, STOCKS, OIL WEAK RIGHT NOW

THINGS MAY CHANGE IN AN INSTANT

WAITING FOR A GOOD DIP AND THE BOUNCE TO

BUY IN

THE WHITE INTERMEDIATE UPTREND CHANNEL, WE'RE NEAR THE TOP LINE IN AN OVER BOUGHT CONDITION

GOLD IS 'TECHNICALLY' OVER BOUGHT, BUT THIS

IS A BIT IRRELEVANT IN SUCH A BULLISH MARKET

WITH SUCH STRONG UNDERLYING INFLUENCES LIKE

THE FALLING DOLLAR AND FAILING WORLD ECONOMY

GOLD DOES NEED TO PULL BACK ONCE IN A WHILE TO

'CLEAR ITSELF' OF WEAK SHORTS WHO ARE GETTING

KILLED NOW

A BIT LARGER VIEW

GOLD MOVES DOWN ON THE CRIMEX OPEN, RALLIES, BUT MEETS MORE SELLING PRESSURE

GOLD STRUGGLING HIGHER ON THIS RALLY BACK UP

ANOTHER NEW HIGH