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GOLDTRADER'S GROUP
Daily commentary on GOLD TRADING as it occurs real-time in New York on the Comex Exchange.
Tuesday, December 16, 2008
11:11AM PST DOLLAR BUMPED TO .8260, EURO AND YEN FALLING, DOW RISING SOME
Looks like gold may fall on the Report, then
get a big rally. Here we go!
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THE BIG PICTURE SO FAR
THE LARGER PICTURE
2:15PM PST AFTERNOON CLOSE FOR THE WEEKEND
11:55AM PST
10:08AM PST DOLLAR HITS .82765
9:53AM PST DOLLAR MAKES NEW HIGH AT .8269
9:04AM PST
8:58AM PST GOLD TRADING SIDEWAYS TO UP IN AN UP FL...
7:45AM PST TODAY'S MARKETS ARE STRICTLY FOR SHORT...
THE LARGER PICTURE
6:56AM PST DOLLAR JUMPS TO .82355, GOLD DROPS BELO...
6:50AM PST GOLD HITTING RESISTANCE AT 843, AND LOO...
6:29AM PST GOLD MOVES UP ON VERY LIGHT, IRREGULAR ...
5:58AM PST
5:53AM PST GOLD MOVES HIGHER
MOVING AVERAGES ON A DAILY CHART DEC 19, 2008
5:45AM PST GOLD RISES ON THE OPENING
TWO DOWN FLAGS, BLACK AND WHITE, BOTH RESOLVE UP
5:36AM PST OVERNIGHT GOLD
6:50PM PST
4:04PM PST
2:15PM PST AFTERNOON CLOSE
11:15AM PST GOLDTRADER IS OUT CLEARING SNOW FOR A ...
11:08AM PST DOLLAR AT .8066, GOLD PULLS BACK AFTER...
9:58AM PST WHERE GOLD IS GOING IF THIS IS A BOTTOM
10:52AM PST DOLLAR PULLS BACK TO .8066, GOLD HITS ...
9:30AM PST DOLLAR MOVES UP TO .8122
9:12AM PST DOLLAR MOVES UP TO .8101
8:59AM PST GOLD BUILDING A BOTTOM HERE?
GOLDTRADER IS SNOWED IN BIG TIME
8:08AM PST GOLD FALLS LOWER TO 68.1% RETRACE POINT...
8:02AM PST DECENT RUN UP OF 75% THEN A BIG PULL BACK
7:23AM PST GOLD PULLS BACK 75%, EURO STILL MOVING ...
7:10AM PST EURO AND GOLD MOVING UP, DOLLAR SLIPS T...
THE LARGER PICTURE
6:54AM PST DOLLAR JUMPS TO .8019, BUT PULLS BACK T...
6:46AM PST DOW, YEN, EURO ALL MOVING DOWN
6:39AM PST DOLLAR HITS .7997, GOLD PULLS BACK A BIT
6:31AM PST DOW OPENS A LITTLE LOWER, EURO FALLING,...
6:25AM PST EURO FALLING, DOLLAR UP TO .7982
6:18AM PST GOLD MAY BE BUILDING A LEDGE TO FALL FROM
GOLD RETRACES 75% DOWN TO 859
6:02AM PST BIG GOLD SELL OF DOWN TO 86030 TAKES OU...
5:43AM PST EURO STRUGGLING TO RISE, DOLLAR FLUCTUA...
INITIAL JOBLESS CLAIMS DOWN A BIT(21000)
5:33AM PST GOLD DROPS WITH A BOUNCE
5:23AM PST DOLLAR UP TO .79175, EURO DOWN TO 1.4589
TODAY'S REPORTS
5:12AM PST TWO 75% RETRACEMENTS, SHAKEY UP MOVES O...
5:00AM PST
4:49AM PST GOLD MOVES UP WELL OVERNIGHT
9:42PM PST DOLLAR FALLS TO 7914, EURO RISES TO 1.4465
9:05PM PST GOLD SO FAR THIS EVENING
9:31AM PST DOLLAR SLIPPING
8:56AM PST DOLLAR FALLING AGAIN BELOW .8000
8:19AM PST GOLD FORMING A DOWN FLAG TO MOVE HIGHER
7:50AM PST GOLD DROPPING FAST, DOLLAR AT .8020, EU...
7:27AM PST DOLLAR MOVES BACK UP TO .7999, EURO PUL...
GOLD NOW ABOVE ALL MOVING AVERAGES
7:05AM PST DOLLAR LOWER AT .7950, EURO HITS 1.4403
7:00AM PST DOLLAR DOWN TO .80085, EURO SPIKES TO 1...
6:54AM PST DOLLAR DOWN TO .8036, EURO MOVING HIGHER
6:38AM PST GOLD MOVES HIGHER, DOLLAR DOWN TO .80425
6:05AM PST GOLD MOVES HIGHER TO 865, NOW PULLING B...
5:40AM PST DOLLAR FALLS TO .8103, EURO DROPPING
5:24AM PST GOLD SPIKES UP ABOVE TOP LINE OF WHITE ...
4:55AM PST A CLOSER LOOK
4:54AM PST DOLLAR SUDDENLY RETRACES 75%, BUT BOUNC...
CURRENT ACCOUNT BALANCE REPORT AT 5:30AM PST
4:39AM PST GOLD TRADING VERY QUIETLY
4:22AM PST OVER NIGHT GOLD
MOVING AVERAGES ON A DAILY CHART DEC 16, 2008
2:15PM PST AFTERNOON CLOSE
12:58PM PST DOLLAR FALLS AGAIN TO 80.60
12:29PM PST DOLLAR DROPS FURTHER TO .8098
12:25PM PST GOLD UP TO 86080
12:07PM PST GOLD RISES ABOVE THE GREEN TOP LINE OF...
12:04PM PST THE LARGER PICTURE
11:37AM PST DOLLAR GOES LOWER TO .8138
11:35AM PST DOLLAR HITS NEW LOW AT .8145
11:26AM PST GOLD SPIKES TO 8539 THEN FALLS BACK, E...
11:20AM PST DOLLAR DROPS TO .8212 TRADING WILDLY, ...
11:11AM PST DOLLAR BUMPED TO .8260, EURO AND YEN F...
11:05AM PST JUST BEFORE THE FED REPORT
10:22AM PST
9:52AM PST GOLD MOVING SIDEWAYS BEFORE FED REPORT
9:13AM PST DOLLAR MAKES NEW LOW AT .82255, EURO UP...
8:48AM PST DOLLAR DOWN TO .8230, EURO UP TO 1.37803
8:36AM PST GOLD RALLIES GRADUALLY 75% +
7:59AM PST GOLD GETS WHOMPED AGAIN
7:46AM PST GOLD REALLY GETTING WHOMPED, BUT ON LIG...
7:41AM PST
7:36AM PST GOLD SPIKES HIGHER ON GOOD VOLUME, NOW ...
7:22AM PST
7:13AM PST
7:03AM PST GOLD SPIKES, EURO RISES TO 1.3743
6:39AM PST DOLLAR HITS .8255 AND BOUNCES UP TO .82...
6:32AM PST DOLLAR DROPS TO .8258, EURO SPIKES TO 1...
6:25AM PST DOLLAR SLIPS MORE TO .8268, EURO STARTI...
6:18AM PST DOLLAR SLIPPING AGAIN, NOW AT .8271, EU...
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