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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, April 9, 2009
GOLD LOOKED VERY WEAK FOR A MOMENT BUT JUST RALLIED WELL, COULD BE A HEAD FAKE MOVE DUE TO LIGHT VOLUME
All the indicator markets are NEGATIVE to
support of gold right now, but remember gold
is trading on its own as a CURRENCY!
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ALL MARKETS ARE CLOSED UNTIL SUNDAY AFTERNOON
2:15PM PDST GOLD AFTERNOON GOLD CLOSE
JUST BEFORE THE AFTERNOON GOLD CLOSE
GOLD IS CREEPING HIGHER ON VERY LIGHT VOLUME
224 BUYERS BID TO BUY GOLD AT 879, VERY STRONG
GOLD MAY RALLY FROM HERE
GOLD HITS THE BOTTOM BLUE LINE OF THE DOWN FLAG, C...
GOLD FALLS TO THE NEXT 75% RETRACEMENT FIB AT 8806...
THE NEXT LOWER 75% RETRACE FIB
GOLD HITS THE NEXT 75% RETRACE FIB AT 882, MAY YET...
GOLD STOPS AT THE DOWNTREND LINE AND BEGINS A PULL...
TWO UPWARD RETRACEMENT SCENARIOS
GOLD RISING IN AFTERNOON TRADING
GOLD RISES TWO MINUTES BEFORE THE CLOSE THEN SELLS...
GOLD STARTS TO FALL INTO THE CLOSE
HERE ARE ALL THE RETRACEMENT FIBS BACK DOWN BEFORE...
GOLD APPROACHING THE 3RD 75% POINT WHICH COINCIDES...
GOLD STILL FALLING PAST THE FIRST 75% RETRACE POINT
GOLD RISES TO ONE OF THE DOWNTREND LINES DRAWN ACR...
GOLD MAY PULL BACK EVEN FURTHER THAN JUST THIS 75%...
GOLD PULLS BACK NORMALLY AFTER A GOOD RUN UP ON LI...
GOLD TOUCHES THE NEXT 75% RETRACE POINT
DOLLAR HITS .8622, NOW AT .8612, GOLD STILL INCHES...
THE LARGER PICTURE FOR NOW
GOLD MOVES A BIT HIGHER ON A SUDDEN JOLT OF 323 CO...
GOLD MAKES A SLIGHTLY HIGHER HIGH AND PULLS BACK A...
GOLD RALLIES 75% ON LIGHT VOLUME, NOW A PULLBACK
GOLD LOOKED VERY WEAK FOR A MOMENT BUT JUST RALLIE...
GOLD HOLDING VERY TENUOUSLY TO THIS LITTLE UPTREND...
GOLD HAS STALLED FOR THE MOMENT AND COULD FALL DUE...
GOLD SHOWING SOME WEAKNESS ON THIS LAST RALLY UP, ...
NORMAL PULL BACK SO FAR, BUT IT BETTER START BACK ...
GOLD MOVES UP ABOVE THE 75% POINT, PULLS BACK A LI...
GOLD STARTS BACK UP AFTER RETESTING THE LOW AGAIN
GOLD RETRACES MORE THAN 75%, RISES, THEN RETEST TH...
NOTICE THE WHITE UPTREND LINE COINCIDES WITH THE 7...
GOLD RISES TO THE 75% RETRACE BACK UP FROM AND OBV...
GOLD MOVES UP AND MAKES A HIGHER HIGH ON DECENT VO...
GOLD ATTEMPTING TO MOVE UP ON VERY WEAK VOLUME, MA...
THURSDAY 5:47AM PDST GOLD GETS HIT, MAY GO LOWER, ...
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2:15PM PDST GOLD AFTERNOON GOLD CLOSE
GOLD SLIPS LOWER VERY SLOWLY, WILL PROBABLY GO LOW...
GOLD STARTS ITS MOVE BACK UP
GOLD DOES FALL ALMOST TO THE BLUE UPTREND LINE BEF...
GOLD FALLS TO THE 75% RETRACEMENT FIB FOR THE ENTI...
GOLD IS WORKING ITS WAY BACK UP THE BLUE UPTREND C...
GOLD PRICE IS NOW BACK ABOVE THE 100 AND 200 DAY MAs
GOLD MAY RALLY THIS AFTERNOON
GOLD FALLS INTO THE CLOSE THEN RISES RIGHT AFTER IT
GOLD PULLS BACK WELL INTO THE CLOSE
GOLD PULLS BACK AFTER THE QUICK UP MOVE
GOLD MOVES UP QUICKLY ON A SINGLE BLAST OF 1.05K C...
GOLD IS STOPPED AT THE OLD HIGH AT 889 AND PULLS B...
GOLD PULLS A HEAD FAKE AND MAKES A NEW HIGH BUT QU...
GOLD COULD FALL LOWER OR JUST MOVE UP FROM HERE
GOLD HITS THE FIRST 75% RETRACE POINT
GOLD SLOWLY PULLING BACK, BUT HOW FAR AND HOW FAST?
SO FAR, GOLD IS DOING PRETTY WELL ON THE WAY BACK UP
NEW THICK BLUE UPTREND CHANNEL LINES REDRAWN TO IN...
GOLD LOOKS FOR SUPPORT ON THE THICK BLUE LOWER LIN...
GOLD MOVES HIGHER ON GOOD VOLUME TO THE LAST 75% R...
GOLD RISES TO THE FIRST 75% RETRACE POINT, MAY FIN...
GOLD MOVES UP AND OUT OF THE WHITE UP FLAG, BUT NO...
IF GOLD DOESN'T MOVE UP MORE STRONGLY AND REAL SOO...
THIS LITTLE UP FLAG RESOLVES DOWN, THIS COULD BE A...
GOLD TESTED THIS AREA VERY HARD AND HAS HELD, BUT ...
THIS NEW BLUE DOWN FLAG RESOLVES UP, BUT IT IS WIT...
WHAT DID I JUST TELL YOU WOULD HAPPEN?
GOLD NEEDS TO MOVE UP DECISIVELY HERE OR IT WILL F...
VERY LIGHT VOLUME, IN THE SINGLE DIGITS TO LOW TWO...
WILL GOLD GO LOWER? I DON'T KNOW AS THE OTHER MAR...
REMEMBER, GOLD IS IN AN INTERMEDIATE BLUE UPTREND ...
I TOLD YOU EXACTLY WHAT WOULD HAPPEN, AND IT DID
AND HER SHE GOES!, THIS RALLY WILL SELL OFF AS SOO...
GOLD BUILDING A LEDGE TO FALL FROM...THIS IS A TOU...
GOLD PRICE IS BACK ABOVE THE 100 AND 200 DAY MAs
THE WHITE UP FLAG RESOLVES DOWN
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THE USUAL 3:00AM PDST SELL OFF
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GOLD MAKES A LITTLE HIGHER HIGH, GETTING CLOSER TO...
GOLD MOVES A LITTLE HIGHER
GOLD RISES ONE TICK SHORT OF THE PREVIOUS HIGH AND...
GOLD MAY BREAK UP AND OUT OF THE WHITE DOWN FLAG C...
No title
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2:15PM PST AFTERNOON CLOSE
GOLD FORMING A SHORT TERM HEAD&SHOULDERS TOP, 8869...
GOLD IS NEAR THE BOTTOM OF TWO DOWN FLAGS AND MAY ...
TODAY'S GOLD TRADING
GOLD RISES IN AFTERNOON TRADING TO THE 61.8% RETRA...
GOLD RISES INTO THE CLOSE THEN FALL IN THE LAST MI...
GOLD TRAILS LOWER AFTER A THIN SPIKE UP AND A WEAK...
CAN GOLD RALLY THIS LATE IN THE CRIMEX SESSION?
IS THIS JUST A NORMAL PULLBACK, OR IS GOLD GOING L...
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