Friday, June 5, 2009

2:15PM PDST AFTERNOON GOLD CLOSE


GOLD SLIPPING, DOLLAR JUMPS UP TO .8074


THE BIG MANIPULATION IS IN PROGRESS SO THAT
THE SHORTS CAN COVER BEFORE THE BIGGEST RUNUP
IN GOLD IN HISTORY TAKES PLACE LATER THIS MONTH

MAYBE GOLD WON'T FALL AFTER ALL


THE BOYZ ARE REALLY PUSHING THE DOLLAR UP TODAY, IT'S ON ITS HIGH AT .8064, LOOKS LIKE GOLD MAY FALL NOW IF THE DOLLAR WON'T COLLAPSE


GOLD STARTING TO SLIP NOW.

DOLLAR ON ITS HIGH FOR THE DAY AT .8063, GOLD RETRACES 75%


GOLD SLIPPING INTO THE CRIMEX CLOSE


DOLLAR RISING, EURO FALLING, GOLD SHOULD GO LOWER


Dow and Oil turning down
Bonds have been chopping sideways just above their lows
for the day.
Looks like gold will go down into the close, then I expect a
good rally early in afternoon trading.

GOLD MAKING GOOD PROGRESS BUT COULD SELL OFF NEAR THE CLOSE, THEN RALLY INTO THE AFTERNOON


GOLD MOVES A LITTLE HIGHER HITTING THE 75% RETRACE POINT


DOLLAR HOLDING ITS HIGHS, CURRENTLY AT .8056


OTHER MARKETS TURNING IN FAVOR OF GOLD,
BUT EURO IS STAYING WEAK NEAR ITS LOWS
GOLD COULD BREAK HIGHER, BUT I DON'T THINK
IT WILL CONTINUE TOO FAR WITHOUT PULLING BACK
HARD EACH UP MOVE.

GOLD MOVES BACK UP TO THE TOP OF THE BLUE DOWN FLAG, MAY GO HIGHER


GOLD FALLING AGAIN


GOLD SPRINGS UP, BUT MAY NOT CONTINUE


DOLLAR AND BONDS MOVING UP, ALL ELSE DOWN

NOT GOOD FOR GOLD SUPPORT, MAY GO LOWER
EURO IS ON ITS LOWS, EVEN YEN TURNED DOWN
AGAIN
THE MANIPULATION CONTINUES TO PAINT THE
CHARTS FOR THE WEEKEND AND FOR O'BOMB'As
TRIP TO THE LAND OF THE WARRIORS

GOLD MAY MOVE LOWER, ALL WAS WELL IN THE OTHER MARKETS, BUT THINGS ARE JUST NOW REVERSING


DOLLAR MOVES UP TO .8060



DOLLAR AT .8044
EURO, OIL, DOW TURN DOWN A BIT
YEN UP A BIT
BONDS BOTTOM OUT AGAIN AND TURN UP A BIT
GOLD MOVING TOO FAR DOWN RIGHT NOW
PAST THE FIRST NORMAL 75% RETRACE POINT
MAY RETEST THE LOW OR GO LOWER BEFORE
RE-RALLYING

GOLD PEEKS ABOVE THE BLUE TRADING RANGE, MAY GO HIGHER NOW AFTER A SMALL PULL BACK


GOLD MAY BE GETTING READY TO MOVE UP


DOW AND OIL MOVING HIGHER, EURO TOO, BUT VERY
SLOWLY.
YEN MOVES DOWN
BONDS TURN DOWN
DOLLAR AT .8036
GOLD IN A SHORT TERM UPTREND CHANNEL

GOLD IS NOW CHOPPING IN A SIDEWAYS TRADING RANGE




THIS COULD CONTINUE FOR A WHILE LONGER, BUT

GOLD WILL EVENTUALLY BREAK ONE WAY OR THE OTHER

OUT OF THIS RANGE

BONDS TURNING DOWN, EURO, DOW SLOW DECENT AND TURN UP SLIGHTLY


DOLLAR PULLS BACK TO .8040
OIL TURNS UP
YEN TURNS DOWN
ALL GOOD FOR GOLD TO MOVE HIGHER
BUT BE CAREFUL!
THIS VIOLENCE IS FAR FROM OVER.

DOLLAR HITS NEW HIGH AT .80585




GOLD RETRACES 75% OF LAST UP LEG
EURO BREAKS BELOW 1.40
DOW OFF ABOUT 20
OIL SINKS TO THE 67s
BONDS STALLING
GOLD MOVES UP OFF ITS PULL BACK

DOW GOING NEGATIVE, YEN RISING FASTER, BONDS PULL BACK, EURO, OIL GOING LOWER




DOLLAR AT .8041

YEN, BONDS RISING, EVERYTHING ELSE IS DOWN




DOLLAR AT .8030 OFF ITS HIGHS
DOW, OIL, EURO FALLING
GOLD MOVING HIGHER, MAY
KEEP GOING A BIT HIGHER,
BUT CAUTIOUSLY

GOLD FALLING LOWER, EURO DOWN, OIL DOWN, DOW DOWN




BONDS TURN UP
YEN UP SOME
DOLLAR UP TO .8040
GOLD MAKES NEW LOW

GOLD MOVES UP ON ITS 2ND LEG OFF THE BOTTOM, BUT STILL VERY DANGEROUS TO TRADE




EURO, YEN MOVING LOWER, OIL ATTEMPTING TO RALLY, DOW FALLING MORE


DOLLAR HITS NEW HIGH AT .8042
GOLD FALLS BACK AFTER A $5 RALLY
OFF THE LOW

BONDS TURN DOWN, DOW FALLING, EURO STILL ON ITS LOWS, DOLLAR AT .8022 OR SO


GOLD CREEPING UP, BUT COULD FALL IN AN
INSTANT WITH THE EURO DOWN AND DOLLAR UP
THESE ARE BOTTOM PICKERS BUYING IN AND THEY
WILL BAIL OUT AT THE SLIGHTEST SIGN OF STALLING
OR RETRACEMENT.
YOU CAN'T TRADE THIS MARKET FAST ENOUGH.
ONLY LUCK IS INVOLVED HERE,
NO SKILL REQUIRED.

GOLD FALLS AGAIN TO THE BOTTOM RED TRENDLINE I JUST DREW IN


GOLD HAS DROPPED $30 FROM TODAY'S HIGH
BUT THAT'S JUST NORMAL NOW.



DOLLAR HITS .8036, EURO COLLAPSING

THE LARGER VIEW


This looks like a ledge for gold to fall from It's sure not
showing any upside strength. Traders are all waiting for
sanity to return before jumping into this pit of vipers.



DOLLAR HITS ANOTHER HIGH AT ABOUT .8022

UNFORTUNATELY, THIS MAY BECOME 'NORMAL' TRADING FROM NOW ON


VERY OMINOUS PATTERN, GOLD GOING LOWER


GOLD HEADING LOWER? THIS IS NOT THE BOTTOM

DOLLAR HITS ANOTHER HIGH AT .8014

JUST NORMAL TRADING...RIGHT?

EURO AND YEN COLLAPSING
OIL HITS NEW HIGH IN 70s
THEN DROPS $2
BONDS UP A BIT
DOW UP ABOUT 120
GOLD TESTING THE LOW AT 96060

GOLD DROPS DEEPLY, DOLLAR UP TO .8010 OR HIGHER

JUST WHEN YOU THINK YOU SEE A BOTTOM,
GOLD TURNS AGAINST YOU.

DO NOT TRADE THIS MARKET!

GOLD COMING DOWN AGAIN IN THE SECOND ATTACK


DOLLAR UP TO .7970 AFTER HITTING 70.15
THE CHART LOOKS LIKE A COMPLETE ERROR
BUT IT'S TRUE

EURO COLLAPSES
GOLD NOW ON ITS LOWS
BONDS MOVE UP A BIT
DOW UP ONLY 100 NOW
DOLLAR PULLED BACK
BUT IS NOW BACK UP TO .7989

I CAN'T EVEN FOLLOW EVERYTHING AND
POST IT LET ALONE TRADE IT.
I WILL WAIT FOR A DECENT BOTTOM BEFORE
BUYING IN, PREFERABLY ON THE CONFIRMING
MOVE HIGHER AFTER ONE PULL BACK TO CONFIRM
THE LOW.

DOLLAR SWING IS SIMPLY OUTRAGEOUS AND HAS RETRACED THE WHOLE DOWN MOVE

DON'T TRUST ANYTHING YOU SEE!
MANIPULATION IS RAMPANT HERE.
STAY OUT OF THIS MARKET UNTIL
SOME SEMBLANCE OF NORMAL TRADING
RETURNS.
YES, THERE IS MONEY TO BE MADE,
BUT YOU WON'T GET ANY OF IT!
SAVE YOUR ACCOUNT TO TRADE ANOTHER DAY

BONDS DROP HARD, YEN DOWN HARD, EURO UP, DOW PULLS BACK SOME




GOLD NEAR THE LOWS AND SHAKEN
THIS WAS NOTHING BUT A PLANNED
WIPE OUT TO COVER THE GOLD SHORTS
AND WIPE OUT THE WEAK LONGS
GOLD SHORTS ARE NOW ACQUIRING GOLD
FOR THE ULTIMATE BIG MOVE UP
LET THE DUST SETTLE AND TRY TO GET
A BUY IN ON A DEEP LOW PRICE WITH
LOTS OF MARGIN BEHIND YOUR CONTRACTS
THERE COULD BE MORE DOWN MOVES TO
SHAKE OUT THE LAST WEAK LONGS
THERE IS LOTS OF ROOM TO DROP GOLD
FROM HERE

GOLD DROPPING FAST, MANIPULATION RAMPANT

DON'T DO ANYTHING HERE IF YOU
DO NOT HAVE OPEN CONTRACTS.
IF YOU ARE LONG, STAY LONG,
AS GOLD SHOULD RISE AFTER THE
SMOKE CLEARS

MASSIVE MOVES IN EVERYTHING

EURO SPIKES
DOW UP 126
DOLLAR BOUNCES
GOLD RETRACES DOWN
NOW BACK UP
WAIT THIS OUT OR YOU
WILL GET KILLED

DOLLAR COLLAPSES DOWN TO .7915, GOLD SPIKES THEN PULLS BACK DEEPLY


GOLD COULD SPIKE HIGHER AS DOLLAR COLLAPSES
VERY HARD TO BUY IN ON A RUN UP LIKE THIS
IT COULD REVERSE IN A FLASH, THEN REVERSE AGAIN
AND GO HIGHER
ONLY BUY THE PULL BACKS
GOLD PULLING BACK DEEPLY
GOLD BASHERS IN HIGH GEAR

GOLD FINDS SUPPORT NEAR THE TREND LINES AND ROCKETS BACK UP


Gold pushes even higher than shown here up to the
blue and white trendlines, will now pull back



GOLD GOING LOWER? HOLDING HERE BUT LOOKING LIKE IT'S GOING LOWER


GOLD HIT ON THE OPEN DOWN TO THE 75% POINT


Still more selling to come
Dollar moves up some more
Euro down
Oil down some

GOLD JUMPS ON 400 CONTRACTS TO NEAR THE 75% POINT, MAY NOW FALL INTO THE OPEN