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GOLDTRADER'S GROUP
Daily commentary on GOLD TRADING as it occurs real-time in New York on the Comex Exchange.
Thursday, December 4, 2008
11:17AM PST GOLD RALLIES AFTER THE CLOSE
dollar currently .8649
Euro currently1.2805
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DAILY MOVING AVERAGES FOR GOLD 12/5/08
THE BIG PICTURE SO FAR
A LARGER VIEW
THE INTERMEDIATE DOWNTREND CHANNEL (pink lines)
2:15PM PST AFTERNOON CLOSE FOR THE WEEKEND
10:27AM PST GOLD SELLS OFF AFTER THE CLOSE
10:15AM PST GOLD CREEPS UP STEADILY ON LIGHT VOLUM...
8:41AM PST GOLD COLLAPSES FURTHER AND MAY CONTINUE...
8:03AM PST WHICH TREND CHANNEL WILL PREVAIL, BLUE ...
7:52AM PST GOLD HOLDS AT 745 AREA TWICE, BUT IS PR...
7:22AM PST THE 75% RETRACE POINT IS AT 73330
7:15AM PST GOLD FALLS OFF THE LEDGE
7:12AM PST MOST NORMAL TRADING HAS PEAKS, NOT PLAT...
7:10AM PST ANYBODY SEE A RATIONAL PATTERN HERE? I...
7:02AM PST GOLD DROPS $22 IN 15 MINUTES ON 11,900 ...
10:48PM PST LAST CHART OF THE NIGHT
10:26PM PST
MOVING AVERAGES ON A DAILY CHART
5:55PM GOLD IN A TRADING RANGE ALL WEEK BETWEEN 76...
5:53PM PST AFTERNOON/EVENING GOLD
11:50AM PST GOLD FORMING A LEDGE TO FALL OFF OF
11:35AM PST
11:17AM PST GOLD RALLIES AFTER THE CLOSE
10:36AM PST GOLD SELLS OFF INTO THE CLOSE, THEN RA...
9:52AM PST GOLD FALLS A BIT FURTHER AND BELOW THE ...
9:46AM PST GOLD BUILDING A LEDGE TO FALL FROM
9:28AM PST
9:25AM PST
DOLLAR DROPS TO .8618 BEFORE MOVING UP A PINCH
DOLLAR DROPS TO .86245
8:40AM PST A CLOSER LOOK AT THE SPIKE UP AND PULL...
8:28AM PST GOLD SPIKES TO 790 AND IMMEDIATELY PULL...
No title
8:00AM PST
7:29AM PST THE PULLBACK AFTER THE QUICK RUNUP
9:32PM PST THE LARGER PICTURE TONIGHT
9:14PM PST
DAILY MOVING AVERAGES FOR GOLD 12/3/08
DAILY MOVING AVERAGES FOR GOLD 12/3/08
5:05PM PST GOLD TRADING TODAY
8:15AM PST SO HERE WE ARE..RIGHT BACK WHERE WE WER...
7:59AM PST GOLD SPIKES AS EURO, DOW, OIL MOVE UP
7:44AM PST MARKETS NOTHING LESS THAN CONVULSIVE
7:00AM PST ALL MARKETS ARE WILDLY VOLATILE, ONLY B...
6:54AM PST
6:32AM PST
MOVING AVERAGES ON A DAILY CHART (see Dan Norcini'...
6:03AM PST A CLOSER LOOK OF THE OPEN
6:03AM PST A CLOSER LOOK OF THE OPEN
6:00AM PST GOLD TAKES A BIG DIP JUST BEFORE THE OP...
6:00AM PST GOLD TAKES A BIG DIP JUST BEFORE THE OP...
7:29PM PST LAST CHART OF THE NIGHT
5:30PM PST GOLD RESPECTS THE BOTTOM LINE OF THE BL...
4:14PM PST GOLD DROPS JUST BEFORE THE 4:15PM CBOT...
1:07PM PST DOW RALLIES INTO THE CLOSE BUT GOLD DOE...
12:44PM DOW WILL NOW SELL OFF BEFORE THE CLOSE, GO...
11:32AM PST GOLD COULD FALL FURTHER AFTER A WEAK R...
11:08AM PST GOLD MAY MOVE DOWN AND FALL BELOW THE ...
10:54AM PST DOW RALLY STARTING TO SELL OF RAPIDLY,...
10:32AM PST GOLD TRADES WILDLY BEFORE THE CLOSE, T...
9:30AM PST GOLD PUSHES A BIT HIGHER AGAINST RESIST...
9:10AM PST GOLD MAY TAKE IT ALL BACK LIKE YESTERDAY
8:03PM PST GOLD DOING A SLOW SELL OFF
7:08PM PST GOLD BEGINS ITS PULL BACK
4:43PM PST SOLID GOLD RUNUP ON 2.5K CONTRACTS ALL ...
4:00PM PST GOLD EXCEEDS THE FIRST TWO 75% RETRACE ...
3:17PM PST GOLD TAKES A FURTHER DUMP IN AFTERNOON ...
8:06AM PST ENOUGH OF THIS CRAP, I'M GOING BACK TO BED
7:59AM PST MORE OF THE SAME CRAP
7:36AM PST GOLD BASICALLY GETTING THE SH*T KICKED ...
7:22AM PST A TRULY BIZARRE TRADING DAY IN GOLD
7:03AM PST GOLD HITS ITS FIRST 75% RETRACE POINT
6:59AM PST GOLD FALLS OFF THE CLIFF AS DOW TANKS F...
6:54AM PST GOLD DROPS AS DOW TANKS
6:45AM PST GOLD STARTS TO PUSH UP
6:24AM PST EURO, YEN, DOW GOING SIDEWAYS, OIL NEAR...
6:19AM PST OIL, DOW, EURO ALL DOWN, BONDS UP, GOLD...
6:09AM PST GOLD BOUNCES $6 ON MODERATE VOLUME
5:58AM PST GOLD GETTING CLOSER TO THE FIRST 75% RE...
5:53AM PST GOLD TAKES ANOTHER HIT
5:50AM PST GOLD HIT AGAIN, BUT THE EFFECT IS LESS ...
THE LARGER PICTURE SO FAR
5:58AM PST AND THEN REALLY HIT HARD, ANYONE DETECT...
GOLD RUNS UP TO THE OPENING THEN KNOCKED DOWN
5:15AM PST GOLD PUSHED DOWN OVERNIGHT
9:20PM PST ONE LAST CHART
9:10PM PST GOLD WILL PROBABLY KEEP RISING TONIGHT...
7:15PM PST GOLD MAY HAVE BOTTOMED AT 80860, COULD ...
5:47PM PST GOLD READY TO DROP FURTHER?
5:16 PM PST GOLD TRADING IN A RANGE FOR A WEEK NOW
4:43PM PST SUNDAY AFTERNOON GOLD FALLS MORE THAN 75%
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