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GOLDTRADER'S GROUP
Daily commentary on GOLD TRADING as it occurs real-time in New York on the Comex Exchange.
Sunday, February 8, 2009
959.90 IS THE 75% RETRACE POINT OF THE MAJOR MOVE DOWN FROM THE ALL-TIME HIGH PRICE IN APRIL'09 GOLD AT 1050.00 DOWN TO THE MAJOR LOW AT 689.70
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1:50PM PST LOOKS LIKE THE GOLD UP SPIKE WILL OCCUR...
1:00PM PST DOW TANKS 135 POINTS ON THE CLOSE
12:50PM PST THE H&S PATTERN IS STILL VALID AND THE...
12:39PM PST GOLD STILL MOVING HIGHER ON VERY LIGHT...
12:00PM PST HOW ABOUT THAT CALL FOLKS? GOLD ISN'T ...
11:05AM PST DON'T WORRY, WE STILL HAVE 3 HOURS FOR...
10:32AM PST NOW GOLD IS GOING TO TAKE OFF
10:22AM PST THIS MOVE UP ISN'T OVER YET
9:59AM PST NEW DOWNTREND CHANNEL LINES DRAWN, AND ...
9:55AM PST IF GOLD DOESN'T TAKE OFF BEFORE THE NY ...
9:40AM PST HERE WE GO!
9:14AM PST GOLD VOLUMES ARE INCREASING IN PULSES A...
9:02AM PST GOLD STARTING TO MAKE ITS MOVE
8:53AM PST EURO STILL RISING BUT DOW, OIL ARE FALL...
8:41AM PST THE INDICATOR MARKETS LINE UP ONCE AGAIN
8:17AM PST THE INDICATOR MARKETS HAVE REVERSED AGA...
8:12AM PST EVERYTHING IS LINING UP AGAIN FOR A GOL...
7:56AM PST ANYTIME NOW GOLD WILL SPIKE
7:33AM PST DOLLAR FALLS QUICKLY TO .86115...THE SP...
7:26AM PST GOLD VOLUME ON THE BOUNCES IS GOOD
7:19AM PST ANOTHER 75% RETRACEMENT, NOW BACK UP
7:04AM PST GOLD RETRACES 75%, BACK AND FORTH UNTIL...
7:00AM PST GOLD RALLIES AGAIN
6:50AM PST IT'S A BATTLE, BUT GOLD WILL GO UP TODAY
6:35AM PST GOLD WILL BREAK UP AND OUT OF THE WHITE...
6:25AM PST HERE WE GO!
6:10AM PST NO SIGNIFICANT VOLUME TO THIS SELL OFF,...
5:56AM PST GOLD GETS WHACKED DOWN TO THE LOW ON ON...
5:41AM PST GOLD JUST ABOUT READY TO BREAK OUT
5:30AM PST WHERE GOLD IS GOING...94910
5:28AM PST GOLD SPIKE STOPPED RIGHT ON THE TOP LIN...
5:23AM PST THE SPIKE, THE PULL BACK, NOW UP AGAIN ...
5:19AM PST
5:12AM PST GOLD RETRACES 75%
5:00AM PST GOLD MAY WAIT UNTIL JUST BEFORE THE OPE...
4:42AM PST GOLD STRUGGLING HIGHER, SHOULD TAKE OFF...
4:29AM PST FRIDAY THE 13TH, THE RIGHT SHOULDER OF ...
4:02AM PST GOLD KEEPS TESTING THE 942 LEVEL AND HA...
3:45AM PST POSSIBLE REVERSE HEAD & SHOULDERS PATTE...
3:32AM PST GOLD BATTLING TO MOVE HIGHER
3:00AM PST GOLD MAKES A COMEBACK
2:41AM PST FRIDAY GOLD FIGHTS ITS WAY BACK UP ON L...
2:07AM PST FRIDAY GOLD DID TURN UP BRIEFLY AND WAS...
8:32PM PST GOLD STARTS TO RISE
1:26PM PST GOLD SINKS LOWER APPROACHING THE AFTERN...
1:04PM PST WILL GOLD MOVE UP FROM THE UPTREND LINE...
12:49PM PST NEW DOWN FLAG
11:54AM PST GOLD RETRACES 50% OF THE MORNING'S UP ...
11:21AM PST GOLD VIOLATES THE WHITE LINE ON PREVIO...
10:59AM PST
MOVING AVERAGES ON A DAILY CHART FEB 12, 2009
10:54AM PST THE PULL BACK
10:49AM PST THE BIG PICTURE.
10:44AM PST GOLD BREAKS OUT ON ABOUT 700 CONTRACTS...
10:21AM PST A BREAK OUT TRIANGLE PATTERN RESOLVES UP
10:09AM PST GOLD ATTEMPTS A BREAKOUT
9:55AM PST GOLD TESTING THE UPPER LINE OF THE DOW...
9:13AM PST
8:53AM PST GOLD CONSOLIDATING HERE FOR FURTHER MOV...
8:37AM PST
8:29AM PST GOLD RETRACES 75%, MAYBE A GOOD PULLBAC...
8:20AM PST GOLD COULD VERY WELL EXPLODE HERE
7:56AM PST GOLD PULLS BACK WELL, NOW BACK UP SHE GOES
7:50AM PST GOLD SPIKES TO 952 IN ONE SECOND AND BA...
7:22AM PST GOLD BREAKS UP AND OUT OF THE BLUE FLAG
7:00AM PST THE NEW BATTLE LINE IS AT 949
GT sez: MANIPULATION HAS COMPLETELY TAKEN OVER THE...
6:44AM PST GOLD RISES TO FILL THE GAPS, THEN FALLS...
6:38AM PST GOLD GAPS DOWN AFTER THE RUN UP, MANIPU...
6:28AM PST GOLD SPIKES WITH EVERYTHING AGAINST IT
6:16AM PST EVERYTHING IS AGAINST GOLD RISING, YET ...
6:00AM PST GOLD RISES SLOWLY TO THE 1ST 75% RETRAC...
5:34AM PST GOLD FLYING UP AND DOWN IN A $3 TO $4 R...
5:29AM PST GOLD BOUNCES THEN FALLS BACK, NOW GOING...
5:19AM PST GOLD GETS HIT JUST BEFORE THE NY OPEN
5:08AM PST OVERNIGHT GOLD
5:05AM PST THUR GOLD TRADING IN A FLAG, WILL RESOL...
GT MAY HAVE TO STAY UP ALL NIGHT
6:55PM PST THE LARGER PICTURE
6:51PM PST SUDDEN DROP IN GOLD OUT OF THE WHITE UP...
2:15PM PST AFTERNOON CLOSE
2:00PM PST GOLD TRADING TODAY
1:59PM PST AFTERNOON GOLD
12:30PM PST
11:54AM PST
10:49AM PST
10:24AM PST
10:23AM PST
10:06AM PST GOLD MAY SELL OFF HERE INTO THE CLOSE
9:51AM PST
9:33AM PST
9:25AM PST
8:15AM PST GOLD TESTS THE TOP 3 TIMES, NOW A PULL ...
7:56AM PST
THE BIG PICTURE TODAY
7:45AM PST GOLD TESTS THE TOP
7:31AM PST GOLD MOVES HIGHER FASTER THAN I CAN POS...
7:10AM PST A SMALL PULL BACK AND HIGHER?
7:09AM PST
GOLD HITS 94510 AND PULLS BACK
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