Friday, January 29, 2010

GOLD TAKES IT ALL BACK, MAY RALLY RIGHT BACK UP, BUT DOLLAR IS ON ITS HIGHS


A PULL BACK THEN HIGHER?


GOLD FINALLY LIFTS OFF THE LOWS AND RALLIES WELL


A LITTLE PULL BACK HERE THEN HIGHER?

EURO MOVING LOWER


VERY TIGHT TRADING RANGE FOR GOLD RIGHT NOW

15 MINUTE MARCH 2010 S&P 500 CHART (delayed prices)


STOCKS UP

GOLD RETEST THE LOWS ON THE CONSUMER CONFIDENCE REPORT RESULTS




GOLD FORMING A LEDGE TO FALL FROM

SIX HOUR DOLLAR CHART


DOLLAR MAKING NEW HIGHS

BONDS, YEN, DOLLAR ALL UP, NOT GOOD FOR HIGHER GOLD, YET GOLD IS INCHING HIGHER


STOCKS, OIL EURO MOVING LOWER, GOLD MAY FOLLOW


EURO MOVING LOWER, STOCKS FLAT ON THE OPEN, GOLD INDECISIVE RIGHT NOW BUT DOWN SLIGHTLY


GOLD RETESTING THE LOWS

STOCKS ABOUT TO OPEN, MAY FALL DRAGGING GOLD LOWER


5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)


DOLLAR ZOOMS UP THEN FALLS BACK

GOLD HEADS LOWER FAST


GOLD DROPS FAST TO THE 75% RETRACE POINT,
COULD GO LOWER AS ALL RALLIES ARE BEING SOLD
BUY THE BIG SHORTS

EURO FALLS, DOLLAR ZOOMS, GOLD DOWN TO THE BLUE LOWER UPTREND LINE


GOLD COULD GET BEATEN LOWER HERE


GOLD IS HESITATING ON THE LOW, NO BOUNCE,
MAY GO LOWER, BUT IF IT RALLIES, IT SHOULD
BE A GOOD ONE

STOCKS, OIL, EURO ALL PULLING BACK, GOLD FOLLOWS


THE PULL BACK


GOLD RALLIES ON GOOD VOLUME, COULD SPIKE HIGHER


GOLD BREAKS THROUGH THE PURPLE DOWNTREND
CHANNEL LINE ON VERY STRONG VOLUME TO THE
75% RETRACE POINT

THE BLUE UPTREND CHANNEL RESOLVES DOWN


A WEAK GOLD BOUNCE OFF THE LOWS, BUT NOW MOVING UP


RALLY STALLS, COULD FALL BACK AND GO LOWER
NEVER CHASE A RISING MARKET