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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, May 29, 2009
DOLLAR DROPS EVEN FURTHER TO .79405
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2:15PM PST AFTERNOON CLOSE FOR THE WEEKEND
DOLLAR DROPS TO .7926 NEAR THE GOLD AFTERNOON CLOS...
GOLD BREAKS UP OUT OF THE RED DOWN CHANNEL AND RET...
GOLD TRADING LOWER THIS AFTERNOON, BUT COULD MOVE ...
GOLD JUMPS ON 1,390 CONTRACTS ONE MINUTE BEFORE TH...
DOLLAR DROPS AGAIN TO .7939, GOLD HAS A QUICK RALL...
No title
GOLD BREAKS BELOW 9871 BRIEFLY WHERE IT HAS BEEN F...
GOLD MAY DROP, DOLLAR RISES TO .7948, EURO FALLING
DOLLAR FALLS LOWER TO .7927
DOLLAR SINKS TO ANOTHER NEW LOW AT .7936
GOLD TRIES FOR A TRIPLE TOP BUT DOESN'T QUITE MAKE...
DOLLAR DROPS EVEN FURTHER TO .79405
DOLLAR DROPS TO .7945, GOLD MAKES NEW HIGH, THEN P...
GOLD STARTING TO MOVE LOWER
No title
GOLD APPEARS TO BE HEADING LOWER FOR NOW
A NEW HIGH ON THE WHITE TOP UPTREND LINE, DOLLAR K...
NEW HIGH VERY NEAR THE TOP WHITE LINE OF ANOTHER I...
GOLD PUSHES UP TO A NEW HIGH AND PULLS BACK QUICKLY
A MINIMAL PULLBACK ON THE 1ST RALLY OFF THE LOW, B...
GOLD FINDS SUPPORT AT THE BLUE LINE AREA AND RALLI...
BUYERS SEEM TO BE SCARCE AT THIS LEVEL, MAY HAVE T...
GOLD FLOPPING UP AND DOWN IN TOO TIGHT A RANGE TO ...
GOLD PULLING BACK AHEAD OF THE CRIMEX OPEN
EURO ABOVE 1.40, OIL HITS 66.25, DOW/S&P UP
A DECENT PULL BACK, BUT THERE WILL PROBABLY BE MOR...
GOLD WILL TURN AROUND AT SOME POINT, BUT DON'T SHO...
GOLD BREAKS OUT ABOVE THE BLUE INTERMEDIATE UPTREN...
AND YET ANOTHER HIGH!
AND ANOTHER HIGH
AND ANOTHER HIGH
GOLD MAKES A NEW HIGH BEFORE MIDNIGHT PDST
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No title
DOLLAR DROPS TO .8024 AND GOLD JUMPS UP QUICKLY TO...
6:32AM PDST GOLD SUDDENLY JUMPS QUICKLY TO 96540 O...
No title
No title
2:15PM PDST AFTERNOON GOLD CLOSE
NOW THE GOLD BASHERS MOVE IN TO THE AFTERNOON TRAD...
DOLLAR MOVES BACK UP TO .8057, EURO FAILS TO MAKE ...
DOLLAR DROPS TO .8039, EURO SPIKES UP TO ITS HIGHS
DOW REVERSES, NOW UP 75, BONDS RALLY A BIT, DOLLAR...
GOLD BUILDS A LEDGE TO FALL FROM, BUT INSTEAD MOVE...
BONDS FALLING HARD AGAIN, DOW FALLING TOO, DOWN 40
GOLD BREAKS UP AND OUT OF THE RED DOWN FLAG BUT FA...
WILL GOLD FOLLOW THE RED DOWN CHANNEL LOWER?
GOLD FALLS TO THE 1ST 75% RETRACE POINT
PREVIOUS HIGH AT 971 AND THE BLUE TOP LINE OF THE ...
WILL GOLD FIND SUPPORT HERE, OR FALL FURTHER AS TH...
GOLD MEETING MORE AND MORE RESISTANCE AS IT INCHES...
ALL UPWARD MOVING MARKETS ARE PAUSING TO CONSOLIDATE
DOLLAR FALLS TO .8032, EURO BOOMING, DOW CLIMBING,...
No title
DOW SUDDENLY PLUNGES TO DOWN 60, GOLD PULLS BACK 5...
GOLD STARTING TO FALL BACK
DOLLAR FALLS TO .8041
GOLD MOVES HIGHER ABOVE THE DOWN TREND LINE, NOW P...
GOLD MOVES HIGHER TO THE INTERMEDIATE WHITE DOWN T...
GOLD 'SHOULD' FALL BELOW THE WHITE DOWN FLAG ON PR...
WILL GOLD FIND ENOUGH SUPPORT AT THE BLUE TOP LINE...
GOLD DOES MOVE HIGHER BUT IS NOW GOING TO TAKE IT ...
GOLD HITS THE 75% RETRACE POINT AT 9575, NOW DOES ...
No title
GOLD MOVES UP STRONGLY ON MODERATE VOLUME, NOW STA...
No title
GOLD DIPS, THEN SPIKES HIGHER ON THE REPORTS
GOLD DROPS AHEAD OF THE MORNING REPORTS, BUT RALLI...
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JUST BEFORE THE CRIMEX OPEN
No title
EURO, OIL, DOW ALL MOVING DOWN, DOLLAR PULLS BACK ...
5:00AM PDST DOLLAR MOVING UP TO .8097, GOLD SLIPPI...
4:40AM PDST A PRE-CRIMEX LITTLE SELL OFF TO SHAKE ...
GOLD WILL PROBABLY SCOOT UP TO THE 75% POINT AT 95...
No title
DOLLAR PUSHED UP TO .8103
THE LARGER VIEW
QUITE A DROP FROM THE DAY'S HIGH TO NOW...SEEM NOR...
THIS BLUE UPFLAG IS A GIANT LEDGE THAT GOLD MAY FA...
GOLD PUSHING HIGHER WITH MUCH RESISTANCE AND MANY ...
No title
No title
THERE ARE 100 CONTRACTS BID AT BOTH 946 AND 94610,...
DOLLAR MANIPULATED ALL THE WAY UP TO .8098, GOLD D...
2:15PM PDST AFTERNOON GOLD CLOSE
No title
GOLD FINDS SUPPORT ON THE BOTTOM WHITE UPTREND LINE
GOLD DOES BREAK OUT FROM THE SMALL WHITE DOWN FLAG...
MOVING AVERAGES FOR 5/27/09
THE SMALL WHITE DOWN FLAG MAY RESOLVE UP
GOLD RALLIES WEAKLY AND NOT VERY FAR, MAY GO LOWER
GOLD GOING BACK DOWN TO RETEST THE LOW OR GO LOWER...
GOLD BOTTOMS BUT MY RETEST THE LOW BEFORE MOVING H...
EVERYTHING IS GOING CRAZY, GOLD PLUMMETS
BONDS, DOW, EURO ALL FALLING HARD
GOLD SELLS OFF INTO THE CRIMEX CLOSE, MAY GO LOWER...
BONDS FALLING LIKE A ROCK
No title
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