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GOLDTRADER'S GROUP
Daily commentary on GOLD TRADING as it occurs real-time in New York on the Comex Exchange.
Wednesday, October 29, 2008
8:32AM PDST GOLD RETRACES 75%
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THE MAJOR DOWNTREND CHANNEL (black)
THE INTERMEDIATE DOWN TREND CHANNEL (red)
THIS WEEK IN GOLD TRADING
ANOTHER VIEW OF THE LAST TWO DAYS
2:15PM PDST AFTERNOON CLOSE FOR THE WEEKEND
11:52AM PDST
11:25AM PDST GOLD MOVING UP OFF THE LOW ON THE CLOSE
10:31AM PDST GOLD SELLS OFF INTO THE CLOSE, MORE T...
9:22AM PDST CLOSE UP VIEW OF GOLD BREAKING THRU TH...
9:19AM PDST GOLD BREAKS BELOW THE GREEN UPTREND LI...
9:13AM PDST GOLD IS MOVING LOWER, BUT BUYERS ARE M...
8:50AM PDST GOLD WILL TEST THE BOTTOM
8:19AM PDST GOLD HITS THE 75% FIB AT 72850 (like I...
8:02AM PDST GOLD CONTINUES LOWER
7:40AM PDST LIGHT VOLUME ON THIS FIRST BOUNCE, GOL...
7:35AM PDST GOLD IS GOING DOWN SOME MORE TO 72880
7:21AM PDST GOLD COILING TO MOVE HIGHER
6:41AM PDST GOLD PULLS BACK TO A LEDGE, WILL IT RA...
6:26AM PDST GOLD BREAKS OUT OF THE CONSOLIDATION F...
6:14AM PDST GOLD FORMING A COILING FLAG ABOVE THE ...
5:33AM PDST GOLD MOVES ABOVE THE FIRST 75% FIB AND...
5:29AM PDST RALLY ON VERY LIGHT VOLUME TO THE 75% ...
5:22AM PDST SURPRISE! WE GET A STRONG RALLY ON THE...
5:09AM PDST RETRACEMENT FIBS FOR THE WHOLE UP MOVE...
4:49AM PDST THE LARGER PICTURE
4:46AM PDST GOLD FALLS OVERNIGHT
12:50PM PDST GOLD ALMOST AT THE 50% RETRACEMENT PO...
12:34PM PDST GOLD TRADING SIDEWAYS AT THE BOTTOM O...
11:33AM PDST AFTERNOON TRADING
10:19AM PDST COMING INTO THE DAY CLOSE
9:50AM PDST A BOTTOM HERE?
8:45AM PDST GOLD COLLAPSES FURTHER
8:23AM PDST GOLD FALLS
8:07AM PDST
7:12AM PDST
7:05AM PDST GOLD FALLS TO YESTERDAY'S CLOSE AND LO...
6:48AM PDST GOLD WEAK AND FALLING, EURO WEAKENING,...
6:13AM PDST GOLD NOT STRONG TO THE UPSIDE
5:15AM PDST WILL THE WHITE DOWN FLAG RESOLVE UP?
5:09AM PDST GOLD TAKING A HIT ON LIGHT VOLUME BEFO...
10:24PM PDST
8:28PM PDST GOLD PULLS BACK 75%
6:30PM PDST GOLD PULLS BACK TO THE TOP LINE OF THE...
1200PM PDST GOLD AFTER THE FOMC RATE CUT
9:55AM PDST GOLD MAY FALL TO TOP LINE OF THE PREVI...
9:13AM PDST GOLD FALLS TO 75% FIB
8:32AM PDST GOLD RETRACES 75%
7:45AM PDST 50% PULL BACK SO FAR
7:30AM PDST GOLD MOVES EVEN HIGHER...RHINO HORN AL...
7:18AM PDST GOLD MAKES ANOTHER HIGH
7:00AM PDST GOLD MOVING LOWER WITHIN THE DOWN FLAG...
6:00AM PDST BIG RALLY ON THE OPEN, NOW THE PULL BACK
10:22PM PDST GOLD APPROACHES THE GREEN UPTREND LINE
9:25PM PDST
7:45PM PDST AFTER A GOOD RALLY, GOLD PULLS BACK
1:44PM PDST READ ELAINE MEINEL SUPKIS TODAY, CULTU...
10:46AM PDST GOLD FALLS AFTER THE DAY SESSION CLOSE
9:51AM PDST GOLD KEEPS MOVING UP
9:15AM PDST LINES REDRAWN
8:56AM PDST GOLD FINDS RESISTANCE AT THE GREEN UPT...
8:22AM PDST GOOD RALLY, NOW A PULL BACK, THEN A 2N...
8:11AM PDST GOLD TESTS THE BOTTOM LINE OF THE WHIT...
7:35AM PDST GOLD HOLDING AT THE BOTTOM LINE (blue)...
7:20AM PDST GOLD FALLS BELOW THE GREEN UPTREND LIN...
7:06AM PDST GOLD FALLS BELOW THE GREEN UPTREND LINE
6:51AM PDST LINES REDRAWN, GOLD MOVES UP AGAINST T...
6:30AM PDST GOLD SHOULD BREAK HIGHER
6:26AM PDST GOLD CONTAINED BETWEEN THE GREEN UPTRE...
6:18AM PDST WILL THE GREEN UP TRENDLINE HOLD?
6:02AM PDST GOLD CREATES DOWN FLAG
6:00AM PDST MARKETS WAITING FOR RATE CUT FROM FOMC...
10:59PMPDST INVERSE HEAD AND SHOULDER PATTERN RESO...
10:46PM PDST GOLD JUMPS $10 IN 6 MINUTES
10:05PM PDST LINES REDRAWN
9:49PM PDST DOLLAR FALLING, EURO RISING
8:46PM PDST GOLD BREAKS UP ON LOW VOLUME, BUT WIL...
7:33PM GOLD FALLS TO THE SHORT TERM UP TREND LINE ...
7:56PM PDST POSSIBLE HEAD AND SHOULDERS PATTERN
6:32PM PDST EURO FALLS HARD, GOLD DOESN'T
1:01PM PDST GOLD FALLS IN AFTERNOON TRADING
11:35AM PDST AND GOLD DOES GET BASHED DOWN
10:42AM PDST DAY MOVES INTO AFTERNOON TRADING
10:40AM PDST DAY SESSION CLOSE GOLD MOVES ABOVE TH...
9:17AM PDST GOLD BREAKS OUT OF DOWN FLAG AS EURO Z...
8:37AM PDST
8:25AM PDST
9:00 PM PDST
7:06PM PDST GOLD RETRACES 75%
6:38PM PDST A CLOSER LOOK
6:36PM PDST GOLD MOVES UP STRONGLY, THEN RETRACES
5:06PM PDST GOLD BREAKS UP ON VERY LIGHT VOLUME
4:26PM PDST SUNDAY
3:00PM PDST SUNDAY AFTERNOON OPENJ CLOSE UP
3:00PM PDST SUNDAY AFTERNOON OPEN
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