Tuesday, January 19, 2010

GOLD IS CONSOLIDATING IN THIS FLAG PATTERN AND SHOULD SUDDENLY RALLY UP TO THE NEXT 75% POINT OR EVEN HIGHER


GOLD BREAKS OUT BUT THE OTHER MARKETS AREN'T CONFIRMING THIS MOVE AND GOLD IS STOPPED AT THE BLUE UPTREND TOP LINE


GOLD MAY BREAK HIGHER OUT OF THIS RED DOWN FLAG


GOLD RALLIES $8 ON VERY STRONG VOLUME


ABSOLUTELY NO INDICATION OF THIS RALLY
BEFOREHAND

GOLD DOES RESOLVE UP OUT OF THE RED DOWN FLAG


15 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)


DOLLAR MOVES EVEN HIGHER

GOLD MAY MOVE HIGHER OUT OF THE RED DOWN FLAG


GOLD DOES A SURPRISE RALLY UP TO THE BLUE DOWNTREND CHANNEL LINE


GOLD PULLS BACK TO THE 75% RETRACE POINT THEN RALLIES A BIT



HARD TO TELL WHERE GOLD MIGHT GO THE REST
OF THE CRIMEX SESSION. EURO IS DOWN, DOLLAR
STAYIN UP, STOCKS UP

GOLD MAY JUST TRADE IN A RANGE THE REST OF THE CRIMEX SESSION AS USUAL


GOLD JUMPS UP TO A 75% POINT BUT PULLS BACK QUICKLY


GOLD FALLS OUT OF THE RED UP FLAG AS EXPECTED




RED UP FLAG MAY RESOLVE LOWER. BE CAREFUL HERE




GOLD MAY RETEST THE LOWS BEFORE ANOTHER GOOD RALLY


GOLD PULLS WAY BACK


GOLD PULLS BACK FOR ANOTHER RUN UP HIGHER MAYBE


5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)


DOLLAR PULLS BACK

NEXT HIGHER 75% RETRACE POINT IS AT 1141.6


STOCKS MOVE UP STRONGLY GOLD FOLLOWS


GOLD HITS THE TOP 75% RETRACE POINT FOR THIS LEG UP
NOW A PULL BACK?

GOLD COULD JUMP HIGHER OUT OF THIS RED DOWN FLAG AS STOCKS ARE STILL UP


EURO AND OIL HAVE PAUSED BUT NOT FALLEN