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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 15, 2009
GOLD DROPPING AHEAD OF THE 2:15PM PDST CLOSE FOR THE WEEK
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A LARGER VIEW OF THE INTERMEDIATE HIGHS
THIS WEEK IN GOLD TRADING
THE BIG PICTURE
MOVING AVERAGES FOR 5/15/09
2:15PM PST AFTERNOON CLOSE FOR THE WEEKEND
GOLD DROPPING AHEAD OF THE 2:15PM PDST CLOSE FOR T...
THE LARGER VIEW
1:15PM PDST
1:12PM PDST
GOLD PROBABLY GOING SIDEWAYS THE REST OF THE AFTER...
DOLLAR FORMS A REVERSE H&S PATTERN AND MOVES UP TO...
GOLD MOVES LOWER, DROPS BELOW THE DOWN FLAG
GOLD DROPS AFTER THE CRIMEX CLOSE
GOLD DROPPING APPROACHING THE CRIMEX CLOSE
GOLD STILL 'STAIR STEPPING' LOWER WITHIN THE RED D...
GOLD FALLS TO THE LOWER PART OF THE RED DOWN FLAG ...
GOLD MOVES HIGHER IN THE RED DOWN FLAG
GOLD MAKING LOWER HIGHS AND LOWER LOWS WITHIN THE ...
DOLLAR JUMPS TO .82795, THANKS PPT
GOLD 'TOYING' WITH THE 75% RETRACE POINT AT 9300
110 BUYERS SITTING AT 93040
GOLD HAS TO HOLD HERE, OR IT'S GOING DOWN
RED DOWN FLAG SHOULD RESOLVE UP, BUT VOLUME IS LIG...
AFTER ANOTHER POKE AT THE HIGH AT 93480, GOLD WILL...
NOW A BIG PULL BACK? OR DOES GOLD CONSOLIDATE AND ...
THE LARGER VIEW
GOLD SPIKES HIGHER ON BRIEFLY STRONG VOLUME
GOLD RUNS UP TO ONE TICK SHY OF THE PREVIOUS INTER...
GOLD RUNS UP ON SO-SO VOLUME, MAKES A SLIGHTLY HIG...
DOLLAR MOVES DOWN TO .8249
I'M EXPECTING GOLD TO MOVE MUCH LOWER
DOLLAR DOWN TO .8262, GOLD RISING
GOLD RISES A BIT ON LIGHT VOLUME
GOLD TAKES A LATE HIT OF 350 CONTRACTS DOWN TO BEL...
THE NEXT INTERMEDIATE 75% RETRACE POINT IS AT 94380
THE PULL BACK BEGINS
THE LARGER VIEW
GOLD WILL PROBABLY STOP AT 9314
GOLD BREAKS OUT ON MODERATE VOLUME WITH ONE MINUTE...
A STAND OFF GOING ON AS GOLD TRADES IN A TIGHT RAN...
CPI REPORT AT 5:30AM PDST
A LITTLE SUCKER RALLY ON THE OPEN, THEN DOWN IT GOES
GOLD MOVING DOWN, DOLLAR UP, EURO DOWN, OIL DOWN
GOLD GETTING SOLD AHEAD OF THE CRIMEX OPEN AFTER A...
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2:15PM PDST GOLD AFTERNOON GOLD CLOSE
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GOLD GOING LOWER?
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GOLD FINALLY BREAKS TO THE DOWNSIDE ONE TICK SHY O...
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GOLD TWO TICK SHY OF THE 75% RETRACE POINT ALL ON ...
GOLD READY TO JUMP UP TO 92860? VOLUME IS VERY LIGHT
GOLD CREEPS HIGHER ON LIGHT VOLUME AS DOLLAR DROPS...
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DOLLAR FALLS TO .8263, LOW IS AT .8260
GOLD MOVES A LITTLE HIGHER ON A BLAST OF 200 CONTR...
GOLD MAY RUN UP TO THE 75% POINT AT 92860, THEN PU...
THE LARGER VIEW, RED TREND LINE REDRAWN AS NEEDED
GOLD MOVES ONE TICK HIGHER THAN THE PREVIOUS HIGH ...
GOLD NOW TRYING TO MOVE UP
GOLD SPIKES UP AGAIN ABOVE THE NEWLY DRAWN RED DOW...
GOLD HEADS LOWER
RED DOWNTREND CHANNEL LINES REDRAWN
DOLLAR DOWN TO A LOW OF .8270, EURO RISING, DOW OF...
DOLLAR FALLS TO .8271, EURO RISING, GOLD UP VOLUME...
GOLD RALLIES ON LIGHT VOLUME AFTER A SHORT DOWN RE...
GOLD PULLS BACK BELOW THE RED TOP LINE AS SUPPORT ...
GOLD JUST DOESN'T SEEM STRONG ON THESE RALLIES, SU...
GOLD JUMPS UP ABOVE THE RED DOWN FLAG ON MODERATE ...
GOLD LOOKS WEAK, MAY COME DOWN TODAY, BUT COULD CO...
QUICK SPIKE UP ON THE JOBLESS DATA AND PPI, THEN A...
NEXT THREE 75% RETRACE POINTS LOWER
PRE OPENING DROP ON 700 CONTRACTS WITH A BOUNCE, B...
THE FIREWORKS ARE SLOW TO BEGIN THIS MORNING, BUT ...
REPORTS TODAY: JOBLESS CLAIMS, PPI, CPI
4:45AM PDST NEXT 75% RETRACE POINT IS AT 92120 FOR...
GOLD TRENDS DOWN ALL NIGHT
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8:45PM PDST
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MOVING AVERAGES FOR 5/13/09
2:15PM PST AFTERNOON CLOSE
GOLD VERY QUIET AHEAD OF THE AFTERNOON CLOSE AT 2:...
12:45PM PDST GOLD BREAKS BELOW THE RED UPTREND CHA...
11:50AM PDST VERY LIGHT VOLUME AS GOLD CLIMBS SLOW...
ALL TRENDLINES REDRAWN
GOLD POKES A LITTLE LOWER AFTER THE CLOSE
GOLD IS HOLDING NEAR THE 2ND 75% RETRACE POINT AND...
GOLD DROPS TO THE 2ND 75% POINT
GOLD RETRACES TO THE 1ST OF MANY 75% POINTS BELOW,...
DOW FALLING, OFF 170, DOLLAR SLIPPING, BONDS INCHI...
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