GOLD HAS HIT THE 75% RETRACE POINT AND IS PULLING BACK, THE RED DOWN FLAG RESOLVES UP

GOLD IS WELL ABOVE THE BLUE DOWNTREND CHANNEL

SUPPORT SHOULD BE FOUND AT THE LOWER THIN WHITE

UPTREND CHANNEL, OR ON THE TOP BLUE LINE OF THE

JUST EXCEEDED DOWNTREND CHANNEL

5:13AM PST WEDNESDAY

12:50AM PST WEDNESDAY

11:55AM PST

11:36PM PST GOLD TURNED BACK AT THE BLUE DOWNTREND CHANNEL TOP LINE

10:18PM PST

10 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)

10 MINUTE MARCH 2010 EURO CHART (delayed prices)

A FALLING EURO PULLS GOLD DOWN

WHITE UPTREND CHANNEL LINES REDRAWN

7:55PM PST

GOLD MEETING RESISTANCE AT THE 1129 LEVEL

A LARGER VIEW, 75% RETRACE POINT AHEAD AT 1135.1

GOLD MOVES HIGHER ON INCREASING VOLUME

NEXT TOPS TO EXCEED: 1128.8, 1130, 1132.5

GOLD COULD MOVE ABOVE THE NEXT HIGHS AND

THEN SPIKE A BIT HIGHER ONLY TO PULL BACK

ON PROFIT TAKING

2:15PM PST AFTERNOON GOLD CLOSE

GOLD RETRACES 75% OF THE MORNING RALLY, THEN RETRACES 75% OF THAT, AND SO ON

GOLD SELLS OFF INTO THE CRIMEX CLOSE,

RALLIED BACK UP 75% AND IS NOW MOVING DOWN

OUT OF THE BLUE UPTREND CHANNEL JUST FORMED.

NEXT SUPPORT AREA IS ON THE WHITE UPTREND CHANNEL

LOWER LINE OR EITHER OF THE RETRACE POINTS SHOWN

5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)

GOLD TRADING GROWS VERY QUIET FOR NOW

ALL INDICATOR MARKETS MOVING LOWER

DOLLAR CONSOLIDATING

GOLD MOVES LOWER NEAR THE 75% RETRACE POINT AT 1116.2

5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)

I CALL THIS PATTERN THE SAGGING BOSOMS

IT SHOULD RESOLVE LOWER AFTER THIS LAST

PPT GOOSE FAILS TO MOVE MUCH HIGHER