Thursday, October 1, 2009

GOLD CHOPPING SIDEWAYS AT THIS HOUR BUT SHOULD RISE OVERNIGHT

TODAY'S BLUE DOWNTREND CHANNEL RESOLVES UP

EURO IS TURNING HIGHER, GOLD IS TURNING UP

15 MINUTE DECEMBER DOLLAR CHART (delayed prices) 6:40PM PDST

THIS IS NOW TYPICAL GOLD TRADING BEHAVIOR, IF YOU DON'T TAKE YOUR PROFITS WHEN YOU HAVE THEM, YOU LOSE THEM

GOLD MOVES HIGHER, IT SHOULD CONTINUE IN A STAIR STEP PATTERN


DAILY CHART OF THE DOLLAR


THIS IS THE REAL PICTURE OF THE DOLLAR
ANY LITTLE RISE LASTS A FEW HOURS AT MOST BEFORE
IT FADES AND MOVES LOWER AND LOWER

EVENING GOLD STARTS OUT LOOKING WEAK, BUT GOLD SHOULD RISE FROM HERE OVERNIGHT

2:15 PM PDST AFTERNOON GOLD CLOSE

GOLD HITS THE 1ST 75% POINT


THIS SELL OFF IS NOTHING MORE THAN BULLION BANK SELLING TO KEEP GOLD DOWN WHILE BERNANKE SPEAKS TODAY


GOLD HAS RETESTED THE LOW AND SHOULD MOVE HIGHER NOW
THE DOLLAR HAS NOT RISEN ALL THAT MUCH
BUT STOCKS ARE DOWN 150 AND OIL AND THE EURO ARE DOWN
BUT IT'S ALL MANIPULATION
GOLD WILL BE RIGHT BACK UP TONIGHT AND/OR TOMORROW

GOLD SHOULD FINALLY RALLY FROM THIS LEVEL

THE HEAD & SHOULDERS PATTERN RESOLVES DOWN TO THE 75% RETRACE POINT


GOLD MOVES BACK UP WELL ON MODERATE VOLUME

STOCKS DOWN 150, OIL PLUNGING, EURO DOWN


GOLD FALLING WITH STOCKS MAY HOLD AT THE 1001 LEVEL AND RISE
MARKETS MOVING TOO FAST UP AND DOWN TO EVEN POST CHARTS

15 MINUTE DECEMBER DOLLAR CHART (delayed prices) 8:00AM PDST

GOLD'S 2ND LEG UP ON STRONG VOLUME


EURO RISING WELL NOW
STOCKS TURNING UP, OR AT LEAST HAVE BOTTOMED FOR THE MOMENT

GOLD MOVES BACK UP STRONGLY IN THE1ST LEG UP

GOLD WORKS ITS WAY BACK UP AFTER WEAK LONGS BAIL OUT AND NEW BUYERS MOVE IN