Thursday, August 21, 2008

THURSDAY NIGHT 8/21/08 THE BIG PICTURE


7:50PM PDST THE LARGER VIEW TONIGHT


7:50PM PDST TWO RETRACE SCENARIOS..WHITE DOWN FLAG RESOLVES UP


6:55PM PDST EVENING GOLD.. DOWN FLAG RESOLVES UP


10:44AM PDST GOLD ALL SET UP TO FALL TO 83240


10:18AM PDST GOLD STARTS ITS SELL OFF INTO THE CLOSE...WILL RALLY THIS AFTERNOON AND OVER NIGHT


10:02AM PDST GOLD'S RALLY ATTEMPT CONTINUES


9:50AM PDST GOLD CONTINUES ITS RETRACEMENT WITH ONLY FEEBLE RALLIES


8:40AM PDST GOLD IN A SHORT TERM DOWN FLAG..WILL PROBABLY DROP TO AT LEAST 837.50 AND RESOLVE UP


8:22AM PDST GOLD IS UP $68 FROM THE LOW AT $777.70 ON AUGUST 15, 2008


8:20AM PDST THREE RETRACEMENT SENARIOS


8:53AM PDST GOLD SPIKING HIGHER..ALL LINES AT MONEX ARE BUSY!


6:54AM PDST GOLD IN SEVERAL UP FLAGS THAT RESOLVE DOWN..BUT COULD SPIKE HIGHER..VOLUME AND DIRECTION DETERMINE EVERYTHING


5:50AM PDST GOLD MAKES NEW HIGHS


5:45AM PDST GOLD FALLS 75% THEN GOES BACK 75% OF THAT MOVE


5:12AM PDST A CLOSER LOOK BEFORE THE NY OPEN


5:10AM PDST GOLD FINDING SOME RESISTANCE AT THE WHITE DOWNTREND LINE