HOURLY OCT CRUDE OIL CHART (delayed prices)

HOURLY S&P 500 CHART (delayed prices)

HOURLY T BOND CHART (delayed prices)

HOURLY EURO CHART (delayed prices)

HOURLY DOLLAR CHART (delayed prices)

THE BIG PICTURE

UPTREND CHANNELS RESOLVE...DOWN

DOWNTREND CHANNELS RESOLVE...UP

THE LARGER VIEW

Gold retraced 75% of the yellow down trend channel

Will it break out next week?

960 is where the Crimex Manipulators are capping gold for now.

It needs to move up to, and beyond 980 and stay there to

be able to move higher.

THIS WEEK'S GOLD TRADING

WE END ALMOST EXACTLY WHERE WE STARTED THE WEEK

If you had held on to a position, you wouldn't have made anything.

If you traded many of the good moves, you would have made lots...

I did. More than at a regular job...and I did it in my sweat pants.

2:15 PM PDST AFTERNOON GOLD CLOSE FOR THE WEEKEND

EURO PLUNGING, DOW, OIL TURN DOWN A BIT

GOLD PULLING BACK AS THE INDICATOR MARKETS TURN AGAINST GOLD A BIT

Gold could still rally after the pull back for the rest of the

afternoon trading

15 MINUTE DOLLAR CHART (delayed prices)

GOLD RALLIES WELL ON THE CLOSE EXACTLY TO A 75% POINT

GOLD RALLIES WELL INTO THE CLOSE

GOLD CREEPS UP ON LIGHT VOLUME BEFORE THE CLOSE

A lower 75% point is at 955

GOLD RETESTS THE LOWS

GOLD IS EITHER BUILDING A BASE TO MOVE UP, OR A LEDGE TO FALL LOWER

We are getting near the Crimex close which complicates

things. I think gold should rise before the weekend after

such a strong morning rally, but the manipulators could

hit it hard to paint the chart negative for the weekend.

15 MINUTE DOLLAR CHART (delayed prices)