Tuesday, December 1, 2009

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


GOLD PULLS BACK, BUT HOW FAR?


GOLD WILL PROBABLY MOVE EVEN HIGHER EITHER
BEFORE, OR NEAR 11PM PST OR MIDNIGHT LIKE IT
HAS BEEN DOING REGULARLY

THE LARGER PICTURE


GOLD SPIKES TO ANOTHER NEW HIGH




GOLD DOES BREAKOUT AND PULLS BACK




GOLD STAYS IN THE CURRENT TRADING RANGE AFTER THE 1ST BREAKOUT ATTEMPT FAILS




200 BUYER WAITING AT 1196


GOLD WILL PROBABLY NOT FALL BELOW THE
75% RETRACE POINTS SHOWN. GOLD COULD MOVE
HIGHER AT THIS HOUR AS IT HAS TWICE BEFORE IN
RECENT WEEKS

GOLD MOVES UP IN EARLY EVENING TRADING ON VERY LIGHT VOLUME


2:15PM PST AFTERNOON GOLD CLOSE



HOURLY DECEMBER DOLLAR CHART (delayed prices)


DOLLAR APPROACHING ITS LOWEST LOW

GOLD RISING ON LOW VOLUME




GOLD MAY MOVE LOWER ON PROFIT TAKING


GOLD RETRACES 75% OF THE LAST UP MOVE


GOLD PULLS BACK ON PROFIT TAKING


GOLD BLASTS HIGHER ON 4,100 CONTRACTS IN ONE MINUTE THEN PULLS BACK QUICKLY




GOLD MOVES HIGHER


GOLD WILL PROBABLY TAKE ONE OR TWO MORE
TRIES TO SOLIDLY PIERCE $1200

GOLD MOVES ABOVE THE WHITE DOWNTREND CHANNEL


THE NEXT LOWER 75% RETRACE POINT




GOLD RETRACES 75% OF THE LAST UP MOVE