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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, May 3, 2009
THIS WEEK IN GOLD TRADING
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THE BIG PICTURE
A LARGER VIEW
THIS WEEK IN GOLD TRADING
2:15PM PST AFTERNOON CLOSE FOR THE WEEKEND
GOLD STILL RISING GRADUALLY INTO THE 2:15PM PDST C...
THE LARGER VIEW
GOLD PULLS BACK AFTER A 75% RETRACE UP
GOLD RISES ON LOW VOLUME TO HIT THE 75% RETRACE PO...
11:12AM PDST
GOLD STOPS SHORT OF THE 75% POINT AT 91710
GOLD RISES INTO THE CRIMEX CLOSE ON LIGHT VOLUME
GOLD JUMPS HIGHER ON ABOUT 700 CONTRACTS AND STALLS
DOLLAR CHART SHOWS DROP TO .8000 (3 cents!) AND A ...
DOLLAR FALLS FURTHER TO .8316, DOW, OIL RISE, EURO...
GOLD SLIPPING LOWER ON LIGHT VOLUME
GOLD DROPS LOWER
NEW BLUE UPTREND LINE DRAWN
GOLD FALLS OUT OF THE BLUE UPTREND CHANNEL, GOLD I...
DOLLAR FALLS TO .8330 AGAIN, EURO, YEN RISE AGAIN,...
GOLD HITS THE 1ST OF THE 75% RETRACE POINTS
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GOLD SEEMS WEAK TO ME
GOLD EITHER CONSOLIDATES HERE AND MOVES HIGHER, OR...
GOLD MOVES UP ITS 2ND LEG UP ON GOOD VOLUME TO NEA...
GOLD 'ROLLING OVER' TO MOVE LOWER?
GOLD CREEPING BACK UP ON LIGHT/MODERATE VOLUME, MA...
POSSIBLE RETRACEMENT POINTS
GOLD FALLS HARD ON OVER 3000 CONTRACTS IN ONE MINU...
THIS RALLY MAY NOT TAKE US UP FURTHER, I EXPECT A ...
GOLD DOES FALL LOWER ON STRONG VOLUME TO YESTERDAY...
GOLD LOOKING VERY WEAK ON LIGHT VOLUME
WHERE GOLD COULD FALL TO INITIALLY (the 75% points)
GOLD SLIPS BACK 75% ON LIGHT VOLUME, COULD SUDDENL...
GOLD FORMS A PATTERN THAT SAYS IT IS GOING TO NEW ...
GOLD CONSOLIDATED THEN MOVED UP ON LIGHT VOLUME, T...
GOLD FORMING A LEDGE TO FALL FROM
DOLLAR FALLS TO .8330, EURO, YEN, BONDS SPIKE UP, ...
GOLD GETS KNOCKED DOWN HARD, NOW LET'S SEE IF BUYE...
NEXT 75% POINT UP IS AT 92210 NEAR THE WHITE TOP L...
EURO, YEN, BONDS ALL SPIKE HIGHER ON THE MORNING'S...
DOLLAR FALLS TO .8364...NEXT LOW TO TAKE OUT IS AT...
A 75% PULL BACK OF THE LAST UP LEG, THEN A RALLY R...
5:19AM PDST GOLD STOPS RIGHT AT 9193 AND DROPS JUS...
5:15AM PDST GOLD JUMPS UP TO THE TOP BLUE UPTREND ...
VERY LIGHT VOLUME AT THE MOMENT, BUT THAT SHOULD A...
5:00AM PDST FRIDAY NO 'RADICAL' MOVES IN GOLD...YE...
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WILL GOLD RISE THIS AFTERNOON?
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GOLD DROPS OUT OF THE BLUE DOWN FLAG ON MODERATE V...
GOLD FALLS HARD INTO THE CRIMEX CLOSE, ON 1150 CON...
POSSIBLE RETRACEMENT POINTS TO THE UP SIDE
GOLD RISES ON LIGHT/MODERATE VOLUME
GOLD KEEPS PUSHING UP THE TOP WHITE LINE OF THE DO...
NEW RALLY ATTEMPT
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GOLD FALLS BELOW THE BLUE UP FLAG, CURRENTLY ABOU...
GOLD STOPPED AT 91550, VOLUME VERY LIGHT
GOLD MOVES UP SOME MORE ON LIGHT VOLUME
THE START OF A NEW BLUE UPTREND CHANNEL, OR JUST A...
GOLD STILL MOVING LOWER ON LIGHT VOLUME WITHIN THE...
THE PURPLE INTERMEDIATE UPTREND CHANNEL RULES FOR ...
GOLD BOUNCE/RALLY POOPS OUT AGAIN, FINDING RESISTA...
GOLD PLUNGES $4 DOLLARS IN ONE MINUTE TO THE NEXT ...
GOLD MOVES LOWER ON MODERATE VOLUME BELOW THE WHIT...
GOLD SUDDENLY GAPS DOWN ON 375 CONTRACTS TO RETEST...
GOLD STOPPED AT THE PREVIOUS HIGH AT 9197
GOLD BOUNCES THEN STALLS
GOLD PULLS BACK ALMOST TO THE BOTTOM WHITE UPTREND...
FIRST RALLY ATTEMPT FAILS AND GOLD MOVES LOWER NEA...
INTERMEDIATE UPTREND CHANNEL LINES REDRAWN
GOLD FALLS A BIT LOWER
61.8% PULL BACK OF THE ENTIRE MOVE UP SO FAR, NO B...
MASSIVE SELL ORDERS SHOW UP, GOLD FALLS QUICKLY
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THE PULL BACK BEGINS
GOLD KEPT 'PICKING' AWAY AT THE HIGH UNTIL IT TRIG...
GOLD TESTING THE HIGH ON LIGHT VOLUME, AN INDICATI...
THE LARGER VIEW
ANOTHER 1000 CONTRACT BURST HIGHER ON THE OPEN, TH...
HIGHER...LOWER...WE SHALL SEE ON THE CRIMEX OPEN
GOLD VOLUME SLACKED OFF DRAMATICALLY AT THE TOP EX...
A FINAL BURST HIGHER ON ABOUT 700 CONTRACTS USUALL...
GOLD THEN ADDS ANOTHER 3000 CONTRACTS IN THE 4:30A...
GOLD THEN ADDS ANOTHER 7000 CONTRACTS IN THE 4AM P...
GOLD BLASTS HIGHER STARTING AT 3:30AM PDST ON ABOU...
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