Tuesday, September 15, 2009

GOLD STILL WITHING THE WHITE DOWNTREND CHANNEL WHICH WILL RESOLVE UP



Gold usually pulls back to the low, or a bit lower, now, then
rallies back up to make new highs.




GOLD GETS WHACKED HARD ON VERY HEAVY VOLUME, BUT BOUNCES BACK ON STRONG VOLUME


The shorts are pulling no punches today and are desperate
to cover their losing positions. Their only hope is to cover
those short positions which will drive gold up dramatically

THE LARGER PICTURE


VERY ERRATIC TRADING SO FAR BUT GOLD IS NOW HEADED UP AGAIN







GOLD FALLS TO THE 75% POINT THEN RALLIES




GOLD RISES A BIT THEN GETS BOMBED




PPI AND RETAIL SALES REPORTS ON THE HALF HOUR

GOLD IS SO MANIPULATED IT IS HAVING DIFFICULTY ESTABLISHING A DIRECTION, BUT IT WILL...EVENTUALLY...UP


15 MINUTE DECEMBER DOLLAR CHART (delayed prices)








GOLD RETRACES PREDICTABLY ALL DAY LONG




GRITS 4 GOLD VIDEO

http://www.dailymotion.com/video/xa0k52_grits-4-gold_news

15 MINUTE DECEMBER DOLLAR CHART (delayed prices)


AS PREDICTED, GOLD PULLS BACK


GOLD WALKS UP THE UPTREND BOTTOM LINE


Gold will pull back towards the low soon on profit taking,
then move back up in a stair step fashion

THIS LITTLE INVERSE HEAD & SHOULDERS PATTERN RESOLVES UP


15 MINUTE DECEMBER DOLLAR CHART (delayed prices)