GOLD NOW RETESTING THIS LOW, MIGHT GO LOWER
BUT STOCKS, OIL, EURO ARE NOW TURNING UP
Monday, January 11, 2010
STOCKS FALLING 30 POINTS, COULD PULL GOLD LOWER
THE INDICATOR MARKETS ARE NOT OPERATING IN
A COHERENT MANNER RIGHT NOW BY GOING IN
DIFFERENT DIRECTIONS MAKING IT HARD TO
PREDICT GOLD'S DIRECTION
OIL FALLING FAST AGAIN AFTER A BRIEF RALLY
FROM THE FIRST SELL OFF
GOLD DOES NOT BOUNCE OFF THIS LOW, FORMS AND INVERSE FLAG/LEDGE THAT RESOLVES DOWN
GOLD ALREADY LOWER THAN SHOWN
120 MINUTE MARCH 2010 TBOND CHART (delayed prices)
BONDS FORM A LONG LEDGE TO FALL FROM
DRIVING INTEREST RATES HIGHER
GOLD MOVES UP TO THE NEXT TO LAST 75% RETRACE POINT
NOW A PULLBACK, OR DOES GOLD TAKE OFF HIGHER?
UP VOLUME IS STRONG FOR THIS TIME OF NIGHT
THE RED DOWN FLAG MAY RESOLVE UP, BUT LESS LIKELY THE CLOSER WE GET TO THE CRIMEX OPEN
GOLD COULD MAKE A SUDDEN MOVE UP ONLY TO
PULL BACK IMMEDIATELY JUST BEFORE THE
CRIMEX OPEN
GOLD MOVES UP CAREFULLY
GOLD COULD EITHER MOVE UP TO THE 75% POINT
OR MOVE UP HARD TO NEW HIGHS BUT WILL PULL
BACK AFTER THAT AND FALL BACK AHEAD OF THE
CRIMEX OPEN
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