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.
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
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 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.
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 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.
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
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 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