Friday, December 11, 2009

MORE CHARTS COMING OVER THE WEEKEND

I WILL BE DOING A LITTLE RESEARCH OVER THE WEEKEND
TO SEE HOW ALL THE PIECES FIT IN THIS MESS.

BOTTOM LINE IS...

BUY ALL THE GOLD AND SILVER YOU CAN BY ANY MEANS THAT YOU CAN USE, BECAUSE WHEN GOLD FINALLY CONFIRMS THIS AS A BOTTOM,
BUYERS ARE GOING TO POUR INTO PRECIOUS METALS
AND GOLD IS GOING TO

EXPLODE!

2:15PM PST AFTERNOON GOLD CLOSE







GOLD CONTINUES TRADING SIDEWAYS ALL THE WAY TO THE CLOSE


GOLD TRADES SIDEWAYS TO SLIGHTLY UP IN FRIDAY AFTERNOON TRADING




WHAT WILL GOLD DO AHEAD OF THE CRIMEX CLOSE?


LATE IN THE CRIMEX SESSION ON A FRIDAY GOLD STARTS TO MOVE UP MORE STRONGLY




THE WHITE DOWNTREND CHANNEL RESOLVES UP


A SHALLOW PULLBACK SHOWS STRENGTH


5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


AS SOON AS THE INTERVENTION STOPS, THE DOLLAR FALLS

GOLD STARTING TO MAKE HIGHER HIGHS AND HIGHER LOWS




THE ONLY THING LEFT TO SAY IS...AT SOME POINT, GOLD WILL GO BACK UP AND EVEN HIGHER


THE LONGS THAT GET IN HERE ARE GOING TO HANG
ON FOR THE LONG RUN UP...AND CERTAINLY SHOULD
IF THEY HAVE ANY COMMON SENSE LEFT

SIMPLY UNBELIEVABLE!!! THESE SELLERS ARE BEING FORCED OUT ON MARGIN CALLS


GOLD WILL PROBABLY RALLY STEADILY AFTER THE CRIMEX CLOSE IF WE DON'T GET A BIG RALLY SOMETIME DURING THE DAY SESSION


THIS GOLD MARKET COULD TURN ON A DIME IF
SOME LARGE ENTITIES DECIDE TO JUMP IN AT THIS
EXTREMELY FAVORABLE LEVEL FOR BUYERS

ANOTHER NEW LOW AT 1114.7, THIS IS GETTING RIDICULOUS


WHOEVER BUYS GOLD AT THIS LEVEL IS GOING TO BE
DELIRIOUSLY HAPPY IN THE DAYS AHEAD

GOLD MAKES ANOTHER LOW AND FALLS TO THE 40 DAY MOVING AVERAGE


GOLD RETESTS THE LOW


THE FINANCIAL/POLITICAL CRIMINALS ARE HAVING A BALL TODAY!


BUT THEIR DAY WILL COME, ALL TOO SOON...
AND THEY WILL ALL BEG FOR MERCY AND FORGIVENESS
FOR THE DESTRUCTION THEY HAVE CAUSED TO THE
ENTIRE PLANET

THE LARGER PICTURE


OVER 80,000 CONTRACTS SOLD OFF SINCE 5AM PST

GOLD STARTS TO RALLY AS EURO, YEN, OIL, STOCKS TURN UP


UP VOLUME IS INCREASING BUT PANICKED LONGS
WILL STILL CONTINUE TO SELL OUT ON ANY RISE
IN GOLD CAUSING A STAIR STEP PATTERN BACK UP