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GOLDTRADER'S GROUP
Daily commentary on GOLD TRADING as it occurs real-time in New York on the Comex Exchange.
Wednesday, April 22, 2009
DOWN FLAG BOTTOM LINE REDRAWN AS GOLD PULLS BACK
But...as usual, the opening run up is taken back
Gold violates the down flag to the downside,
but finds support at the bottom blue line of the
uptrend channel for now
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THE BIG PICTURE
TRENDS WITHIN TRENDS WITHIN TRENDS WITHIN......
THIS WEEK IN GOLD TRADING
2:15PM PST AFTERNOON CLOSE FOR THE WEEKEND
GT IS GONE TO THE DENTIST ONCE AGAIN, BACK THIS AF...
GOLD WILL PROBABLY EXPLODE IN THE NEXT HOUR WHILE ...
WHO COULD POSSIBLY TELL WHAT GOLD IS GOING TO DO N...
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THE PULL BACK
ANOTHER RALLY WITHIN THE WHITE DOWN FLAG
GOLD FALLS AGAIN, STILL TRADING WITHIN THE WHITE D...
GOLD MOVING HIGHER THAN SHOWN HERE RIGHT NOW
FEELS LIKE GOLD IS GETTING READY TO DO SOMETHING '...
GOLD VOLUME IS SURPRISINGLY LIGHT FOR WHAT IS GOIN...
IT WON'T SURPRISE ME IF 'THE BOYZ' SOMEHOW KNOCK G...
DOLLAR FALLS TO .8476, GOLD VOLUME FAIRLY LIGHT NO...
THE PULL BACK
VERY STRONG RALLY FROM THE SELL OFF ON MODERATE VO...
BIG SELL OFF ON THE CRIMEX OPEN, COULD GO LOWER, O...
GOLD RETRACES 75% OF PART OF THE DOWN MOVE FROM TH...
GOLD RETRACES TO THE 1ST 75% RETRACE POINT AND FAL...
FRIDAY 4/24/09 4:42AM PDST GOLD DOUBLE TOPS AND PU...
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GOLD STILL TRADING WITHIN THE DOWN FLAG
GOLD PRICE IS NOW ABOVE ALL BUT THE 40 AND 50 DAY MAs
DOLLAR FALLS FURTHER TO .8584
GOLD CONTINUES TO FALL IN AFTERNOON TRADING
GOLD MOVES DOWN INTO THE CLOSE
GOLD FALLS INTO THE CLOSE AS PREDICTED, WILL IT MA...
GOLD MAY FALL MOVING INTO THE CRIMEX CLOSE
AND NOW THT H&S PATTERN RESOLVES DOWN
POSSIBLE HEAD&SHOULDERS PATTERN DEVELOPED
GOLD JUMPS AGAIN ON OVER 1,000 CONTRACTS
DOLLAR FALLS TO .8606
GOLD VOLUME VERY LIGHT AT THE TOP, NEW DOWN FLAG C...
GOLD CONSOLIDATING HERE, MOVES ABOVE THE FIRST DOW...
BLUE TOP LINE OF THE UPTREND CHANNEL IS JUST AHEAD...
GOLD'S NEW TARGET IS 91810 OR HIGHER
GOLD VOLUME MOVES UP ABOUT 10,000 CONTRACTS ON THE...
GOLD VOLUME BACK TO MODERATE, RALLIES UP 75% OF TH...
GOLD SETTLING BACK WITH A FEW BIG BIDS SHOWING UP ...
GOLD PULLS BACK QUICKLY AFTER A 4,000 CONTRACT SPI...
GOLD TRADING WILDLY IN A $3 DOLLAR RANGE ON LIGHT ...
WHEN GOLD DOESN'T MOVE UP WITH VIGOR..IT MOVES DOWN
GOLD PULLS BACK FROM RESISTANCE IN THE 896 AREA AN...
GOLD IS THRASHING ABOUT IN THE BLUE DOWN FLAG AND ...
GOLD DOES ITS UP AND DOWN 75% DANCE ON THE CRIMEX ...
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GOLD PRICE ABOVE THE 10 DAY MAY, BELOW THE 20 DAY ...
GOLD TAKES THE LAST RUN UP BACK, MAY GO LOWER ON T...
GOLD HAS BEEN IN A TRADING RANGE SINCE YESTERDAY'S...
GOLD DID RESOLVE UP OUT OF THE H&S PATTERN I POINT...
THURS 5:00AM PDST THE LARGE VIEW OF WHERE GOLD IS AT
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2:15PM PDST GOLD AFTERNOON GOLD CLOSE
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DOW AND EURO TOPPING, OIL COLLAPSES ON SUPPLY DATA...
DOLLAR DOWN TO .8639, EURO ZOOMING
GOLD BREAKS OUT ON MODERATE VOLUME, THEN PULLS BAC...
DOLLAR FALLS EVEN FURTHER TO .8649
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DOLLAR SINKS FURTHER TO .86535, EURO STILL RISING
GOLD RALLIES BACK TO THE DOWNTREND LINE ONCE AGAIN
GOLD SUDDENLY SINKS
GOLD RALLIES TO THE TOP DOWN TREND LINE OF THE DOW...
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NOW BACK UP?
DOWN FLAG BOTTOM LINE REDRAWN AS GOLD PULLS BACK
EITHER THE DOWN FLAG WILL RESOLVE UP, OR GOLD WILL...
THE MORNING RUN UP ON MODERATE VOLUME, NOW THE PUL...
WED 4/22/09 THE USUAL PRE-OPEN RUN UP ON LIGHT VOL...
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2:15PM PDST GOLD AFTERNOON GOLD CLOSE
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