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GOLDTRADER'S GROUP
Daily commentary on GOLD TRADING as it occurs real-time in New York on the Comex Exchange.
Friday, September 26, 2008
THE BIG PICTURE SO FAR, HIGHER PRICES COMING
THIS WEEK'S GOLD ACTION
2:15PM PDST AFTERNOON CLOSE
1:13PM PDST GOOD DOW CLOSE AND GOLD DROPS THE FULL 75% TO 88370
12:39PM PDST A QUICK 400 CONTRACT SELL OFF TO A NEW LOW IN 2 MINUTES, AND AN EQUALLY QUICK RALLY AFTER
12:35PM PDST 75% RETRACE POINTS (in yellow) AS GOLD RISES BACK TO 92010
12:27PM PDST FIRST AND LAST 75% RETRACE POINTS
12:22PM PDST FIRST 75% RETRACE LEVEL HIT, NEXT ONE IS AT 89420 AND SO ON UP THE DOWN LEG TO THE LAST ONE AT 91180
12:04PM PDST AFTERNOON GOLD, SELLS OFF LOWER, NOW RALLYING, BUYING FOR SAFETY OVER THE WEEKEND?
10:50AM PDST GOLD YESTERDAY THRU TODAY, SOME PROGRESS MADE TODAY
10:45AM PDST THE DAY CLOSE
10:7AM PDST GOLD DROPS BACK TO THE LOW
9:46AM PDST GOLD RELUCTANT TO MOVE UP, UP FLAG RESOLVES DOWN
6:55AM PDST 100% RETRACEMENT SO FAR
8:42AM PDST ELITES HAVE TO BEAT GOLD DOWN AT ALL COSTS TO PREVENT DOLLAR COLLAPSE, THAT GAME JUST ABOUT OVER FOR GOOD
8:34AM PDST TOO MUCH QUICK PROFIT MADE TODAY TO RESIST TAKING IT, NOW THE BUYERS WHO BOUGHT THE TOP ARE BAILING OUT TOO, A $20 LOSS, OUCH!
7:35 GOLD BEING BEAT DOWN BY CBs DOLLAR UP A BIT, DOW RALLIES TO FILL OPENING GAP DOWN, EURO FALLING
6:57AM PDST CLOSE UP VIEW OF THE END OF THE DOLLAR..GOLD SHALL REIGN!
6:55AM PDST PANIC BUYING, PANIC SHORT COVERING, GOLD PULLS BACK WELL HERE, THEN HANG ON FOR A MOONSHOT!
6:37AM PDST VERY CAUTIOUS MARKETS, GOLD STOPS AT PREVIOUS HIGH, MAY PULLBACK A BIT THEN GO HIGHER, PEOPLE STARTING TO PANIC
6:21AM PDST STOCKS ABOUT TO OPEN DOWN, A GOOD GOLD PULLBACK, THEN A MOVE UP HIGHER?
6:08AM PDST GOLD USUALLY FALLS BACK TO THE PREVIOUS CLOSE PRICE (882), ALSO HAPPENS TO BE 75% POINT
GOLD GETTING READY TO SPIKE UP ON FINANCIAL PANIC
5:55AM PDST THE LARGER PICTURE, BLUE DOWN FLAG RESOLVES UP
5:58AM PDST DOLLAR FALLING EURO AND GOLD DOWN FLAGGING, STOCKS DOWN, BONDS UP, PULL BACK HERE THEN UP?
5:40AM PDST GOLD RUNS UP CAREFULLY APPROACHING SEVERAL STOPPING POINTS "RHINO HORN ALERT"
5:04AM PDST THE SELL OFF BEGINS?
5:54AM PDST MORE RALLY TO BE SOLD OFF SOON, MAYBE AFTER A SPIKE UP ON THE OPENING
4:47AM PDST THE MORNING PRE-OPEN RALLY TO BE SOLD OFF
4:33AM PDST CLOSE UP VIEW
4:31AM PDST GOLD OVERNIGHT
Thursday, September 25, 2008
4:30AM PDST THIS WEEK'S GOLD TRADING
7:09PM PDST GOLD DROPS BELOW THE UPTREND CHANNEL
7:06PM PDST GOLD RETRACES UP 75% AND IS NOW ON THE BOTTOM EDGE OF THE UP CHANNEL WHICH RESOLVES DOWN, THE BAILOUT WILL FAIL, PASSED OR NOT.
3:27PM PDST AFTERNOON RE-OPEN, UP FLAG RESOLVES DOWN
A LARGER VIEW
2:15PM PDST AFTERNOON CLOSE
AFTERNOON LARGER VIEW
1:13PM PDST HEAD & SHLDR PATTERN RESOLVES DOWN INTO UP FLAG WHICH RESOLVES DOWN..NOT ENCOURAGING
8:44AM PDST GOLD GETTING READY TO FLOP
8:18AM PDST GOLD DOESN'T SEEM STRONG AT ALL, JUST SPURTS OF BUYING THAT GET SOLD OFF AFTER A 75% RETRACE
8:05AM PDST GOLD RALLIES BUT LOSES STEAM AND NOW MAY SELL OFF BIG TIME
THE BIG PICTURE SO FAR
HOW ABOUT THAT CALL FOLKS? THIS COULD DROP TO 876 (75% OF THE MOVE UP FROM 73980 TO 926) SOMEBODY THINKS THIS "BAILOUT" DEAL WILL SAVE US..BULLSHIT!
7:26AM PDST WHAT DID I TELL YOU? I SEE THINGS AHEAD OF TIME..ANYTHING IS POSSIBLE IN THIS MARKET NOW
7:15AM PDST LINES REDRAWN BOTH DOWN FLAGS RESOLVE UP...BUT?
7:09AM PDST MINOR H&S NEGATED, BUT LARGE ONE STILL POSSIBLE, RED DOWN FLAG BREACHED
6:35AM PDST GOLD GOING DOWN?
THE MUCH LARGER VIEW
THE LARGER PICTURE, GOLD COULD RETRACE TO 847
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THE BIG PICTURE SO FAR, HIGHER PRICES COMING
THIS WEEK'S GOLD ACTION
2:15PM PDST AFTERNOON CLOSE
1:13PM PDST GOOD DOW CLOSE AND GOLD DROPS THE FULL...
12:39PM PDST A QUICK 400 CONTRACT SELL OFF TO A NE...
12:35PM PDST 75% RETRACE POINTS (in yellow) AS GO...
12:27PM PDST FIRST AND LAST 75% RETRACE POINTS
12:22PM PDST FIRST 75% RETRACE LEVEL HIT, NEXT ONE...
12:04PM PDST AFTERNOON GOLD, SELLS OFF LOWER, NOW ...
10:50AM PDST GOLD YESTERDAY THRU TODAY, SOME PROGR...
10:45AM PDST THE DAY CLOSE
10:7AM PDST GOLD DROPS BACK TO THE LOW
9:46AM PDST GOLD RELUCTANT TO MOVE UP, UP FLAG RES...
6:55AM PDST 100% RETRACEMENT SO FAR
8:42AM PDST ELITES HAVE TO BEAT GOLD DOWN AT ALL C...
8:34AM PDST TOO MUCH QUICK PROFIT MADE TODAY TO RE...
7:35 GOLD BEING BEAT DOWN BY CBs DOLLAR UP A BIT, ...
6:57AM PDST CLOSE UP VIEW OF THE END OF THE DOLLAR...
6:55AM PDST PANIC BUYING, PANIC SHORT COVERING, GO...
6:37AM PDST VERY CAUTIOUS MARKETS, GOLD STOPS AT P...
6:21AM PDST STOCKS ABOUT TO OPEN DOWN, A GOOD GOLD...
6:08AM PDST GOLD USUALLY FALLS BACK TO THE PREVIOU...
GOLD GETTING READY TO SPIKE UP ON FINANCIAL PANIC
5:55AM PDST THE LARGER PICTURE, BLUE DOWN FLAG RES...
5:58AM PDST DOLLAR FALLING EURO AND GOLD DOWN FLAG...
5:40AM PDST GOLD RUNS UP CAREFULLY APPROACHING SEV...
5:04AM PDST THE SELL OFF BEGINS?
5:54AM PDST MORE RALLY TO BE SOLD OFF SOON, MAYBE ...
4:47AM PDST THE MORNING PRE-OPEN RALLY TO BE SOLD OFF
4:33AM PDST CLOSE UP VIEW
4:31AM PDST GOLD OVERNIGHT
4:30AM PDST THIS WEEK'S GOLD TRADING
7:09PM PDST GOLD DROPS BELOW THE UPTREND CHANNEL
7:06PM PDST GOLD RETRACES UP 75% AND IS NOW ON THE...
3:27PM PDST AFTERNOON RE-OPEN, UP FLAG RESOLVES DOWN
A LARGER VIEW
2:15PM PDST AFTERNOON CLOSE
AFTERNOON LARGER VIEW
1:13PM PDST HEAD & SHLDR PATTERN RESOLVES DOWN INT...
8:44AM PDST GOLD GETTING READY TO FLOP
8:18AM PDST GOLD DOESN'T SEEM STRONG AT ALL, JUST ...
8:05AM PDST GOLD RALLIES BUT LOSES STEAM AND NOW M...
THE BIG PICTURE SO FAR
HOW ABOUT THAT CALL FOLKS? THIS COULD DROP TO 876 ...
7:26AM PDST WHAT DID I TELL YOU? I SEE THINGS AHEA...
7:15AM PDST LINES REDRAWN BOTH DOWN FLAGS RESOLVE ...
7:09AM PDST MINOR H&S NEGATED, BUT LARGE ONE STILL...
6:35AM PDST GOLD GOING DOWN?
THE MUCH LARGER VIEW
THE LARGER PICTURE, GOLD COULD RETRACE TO 847
6:21AM PDST LOOK AT THE FIBS ON THE RIGHT, ONLY 25...
6:16AM PDST LARGER HEAD AND SHOULDER PATTERN RESOL...
6:06AM PDST POSSIBLE SHORT TERM HEAD AND SHOULDERS...
6:02AM PDST BLUE UP FLAG RESOLVES DOWN BUT RED DOW...
5:27AM PDST INTERESTING PRE-OPEN TRADING THIS MOR...
4:47AM PDST SELL OFF, THEN GOOD RALLY, ONLY TO BE ...
1:11PM PDST DOUBLE TOPPING FORMATION? POSSIBLE RET...
1:00PM PDST GOLD'S UPTREND CHANNEL
11:04AM PDST AFTERNOON GOLD BEGINS
11:01AM PDST GOLD AT THE CLOSE
8:15AM PDST 75% RALLY BACK UP THE LAST DOWN LEG
8:12AM PDST GOLD SELLS OFF 75% OF THE MORNING'S UP...
7:26AM PDST UP AND DOWN 75% OF THE PREVIOUS MOVE A...
7:08AM PDST THE 75% RALLY UP, NOW THE PULL BACK
5:40AM PDST THE SELL OFF FINALLY HAPPENS, EURO DOW...
6:12AM PDST EURO SLIPPING BACK,DOLLAR DOWN
6:02AM PDST GOLD RALLIES ABOVE THE 75% RETRACE PO...
5:40AM PDST A 2ND LEG UP ON GOOD VOLUME, BUT THE E...
5;29AM PDST NICE $10 RUN UP ON THE OPENING, NOW TH...
5:20AM PDST GOLD AT THE OPENING
4:21AM PDST GOLD OVERNIGHT
7:50PM PDST YESTERDAY AFTERNOON UP TO NOW
7:47PM PDST THE LARGER PICTURE SO FAR
6:15PM PDST EVENING GOLD SELLS OFF
2:15PM PDST TUESDAY'S GOLD TRADING
2:15PM PDST AFTERNOON CLOSE
1:03PM PDST GOLD MOVES UP TO THE 75% RETRACE POINT...
11:57AM PDST GOLD SELLS OFF ON LITE VOLUME
11:10AM PDST GOLD RALLIES WELL IN AFTERNOON TRADING
10:44AM PDST CLOSE UP VIEW OF THE DAY SESSION CLOSE
10:42AM PDST THE GOLD CLOSE AT 10:30AM PDST
10:20AM PDST GOLD DROPS THRU ALL THE TRENDLINES RE...
10:07AM PDST GOLD IS CAREFULLY WALKING UP THE UPSL...
9:09AM PDST DOWN FLAG (white) RESOLVES DOWN..MKT V...
8:46AM PDST GOLD SELLS OFF ON STRONG VOLUME MORE T...
8:35AM PDST GOLD DROPS BELOW THE DOWN FLAG
8:21AM PDST THE BLUE DOWN FLAG RESOLVES UP..TOO BA...
8:09AM PDST THEN DROPS AS BERNANKE STARTS SPEAKING...
8:07AM PDST GOLD MOVES UP ON LITE VOLUME AS PAULSO...
7:50AM PDST GOLD MARKET SLOWING WHILE PAULSON/BERN...
7:15AM PDST GOLD PULLS BACK...HOW MUCH MORE?
6:52AM PDST GOLD ATTEMPTS ANOTHER BREAKOUT BUT PUL...
6:32AM PDST GOLD BREAKS OUT OF BLUE DOWN FLAG AND ...
6:10AM PDST RE-RALLY FAILS ON LITE VOLUME AND LOWE...
6:05AM PDST NO VOLUME ON THIS RE-RALLY IN GOLD, MO...
5:52AM PDST $12 DOWN AND $12 RIGHT BACK UP, NOW AN...
5:39AM PDST OPENING SELL OFF OF 75%, NOW A RALLY, ...
4:48AM PDST CLOSE UP VIEW
4:35AM PDST EARLY MORNING GOLD
8:38PM PDST GOLD DROPS THRU ONE TRENDLINE AND RETR...
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