7:59AM PST BULLION BANKS MUST BE SELLING

Bonds moving up
Dow rising
Euro still near its high
Yen sagging
Oil falling to the 39s
Gold falling steadily

to 90770 and turns up

Dollar down to .8497 with a bounce to .8519

7:52AM PST THE NEW DOWN FLAG (lines redrawn)

7:34AM PST EURO MAKING NEW HIGHS, DOLLAR FADING

Gold should move up and spike very soon.

Dollar falls further to .85075

Euro high is 1.3038, now at 1.3022

Bonds, Oil, Dow all falling

Euro making even newer highs

Gold breaking out of the down flag

Euro moving even higher

7:12AM PST DOLLAR DROPS TO .8510, GOLD SHOULD MOVE HIGHER

Euro zooms higher to 1.3029

6:51AM PST GOLD ATTEMPTS TO BREAK OUT OF THE DOWN FLAG

Euro steady to rising

Dollar slipping to .8524

Dow rising on the open

I expect a jump up in gold

6:26AM PST GOLD SHOULD MOVE UP AND OUT OF THE DOWN FLAG

Euro is rising,

Dollar in a tight range around .8540

Oil has risen

Dow off about 50 points before the open

Yen flopping around

6:12AM PST

6:00AM PST GOLD ALMOST HITS THE TOP 75% RETRACE POINT, DOLLAR UP TO.8548

5:58AM PST THE NEXT TWO 75% RETRACE POINTS

5:43AM PST GOLD EXCEEDS THE 75% RETRACE POINT AND GOING HIGHER

Gold moving too fast to post up to the minute charts

5:34AM PST NEXT 75% RETRACE POINT IS 91110

After that is 91790, the retrace point for the entire down move from 92190 to 89190.

Dollar now at .8528.

Euro, Yen moving up

Oil moved up, but is now pulling back

Bonds up

Dow climbing but still off from yesterday's close a bit.

Gold is consolidating here and looks like it will move higher.

5:31AM PST GOLD MOVES BACK ABOVE THE 10 DAY MA

5:29AM PST GOLD MAY HAVE TOPPED HERE AT 90990

5:24AM PST GOLD MOVES HIGHER ON THE OPEN ON STRONG VOLUME AND IS MOVING HIGHER

5:14AM PST GOLD FORMING A DOWN FLAG

Gold has a sudden pulse up just as it looked like

it would steadily sell off. This turned into the formation of a down flag in its early stages. With five minutes to go before the NY open, anything can happen. This should be a wild ride.

Dollar not dropping very fast as I would expect, in fact it just moved up to .8540, so the PPT is probably getting in to 'hurry up' mode to keep gold from getting way from them.

5:06AM PST GOLD BEGINS TO PULL BACK

Dollar slips to .85276

Euro also pulls back slowly

Gold could consolidate here and move higher on the open, but be prepared for big swings in the first few minutes.

4:56AM PST GOLD RISING RAPIDLY ON LIGHT VOLUME

There are several other 75% retrace points between here and the one shown here which is for the entire move down shown. Gold just hit the first one but is still moving up, or at least holding this level. The volume is still light but the move is very speedy. Quite exciting to watch. Gold moves up while I type this. Volume has just increased to moderate which is often a sign that the move has topped as the late comers pile in only to have the sellers move in and wipe them out.

In the 30 minutes from 4am pst only about 1000 contracts traded, then, from 4:30 to 5am pst over 6000 contracts traded ALL UP!

4:44AM PST GOLD RISING FASTER THAN I CAN POST AN ACCURATE CHART

Gold is rising very fast on light volume in the hour before the NY open.

RHINO HORN ALERT!

This could immediately sell off on, or before, the open. Then again, it could just keep going.

I don't know yet why it's rising so fast.

Dollar has fallen after gapping up yesterday in the afternoon up to .8606, currently down to .8524

Euro dropped from the 1.30s to the 1.28s yesterday, but have bounced back to 1.2981 currently.

7:12PM PST THE 75% RETRACE POINT OF THIS WHOLE DOWN MOVE IS AT 91770

6:58PM PST GOLD MOVES UP IN EVENING TRADING

11:35AM PST GOLD OBVIOUSLY BEING HELD AT 89610, UNMANIPULATED MARKETS DON'T TRADE LIKE THIS

It is senseless to comment on a market like this.

See Dan Norcini's afternoon comments today.

He agrees.

I'm going to take a nap. This bullshit isn't worth

watching any longer.

10:46AM PST THE NEXT 75% RETRACE POINT IS AT 899

10:44AM PST GOLD RISES IN AFTERNOON TRADING

10:32AM PST GOLD ON THE NY CLOSE

After the close, gold is rising rapidly.

Dollar comes off its lows and hits .8505 but

quickly slips back to .84995

Not a big deal.

Euro falls to 1.3018

Yen and Bonds rising

Dow falling to down 50

9:50AM PST THIS SELL OFF IS PURE BULLSHIT!

9:25AM PST THE LARGER PICTURE

9:16AM PST GOLD MOVES LOWER

9:05AM PST GOLD GETS ANOTHER BIG HIT SHATTERING ALL LOGIC

8:59AM PST GOLD STRUGGLING TO GO HIGHER AS DOLLAR DROPS TO .8474

Euro off its highs going sideways

Yen dropping

Oil off its highs in the 42s, currently 41.35

Dow not down too much

Gold dropping through the bottom of the up flag

8:00AM PST GOLDTRADER OFF TO THE VET WITH A VERY SICK BLACK CAT...BACK SOON

7:56AM PST GOLD MAKES FEEBLE ATTEMPT TO MOVE UP

And now, a second try.

Dollar slips back some

Euro off it's highs, but not to badly.

7:31AM PST DOLLAR UP A BIT, EURO SLIPPING, OIL UP, DOW RISING

Dow has been down more than now, Now off 60 points

gold moving up on light volume.

Today's trading is simply OUTRAGEOUS!

How much longer do we have to endure being led

by CRIMINAL TRAITORS to our country?

How do you all like the 'change' that the new

administration has created?

And how about those creepy Republicans?

Maggots are more attractive.

6:55AM PST THE LONGER GOLD TRADES LIKE THIS AND DOESN'T MOVE UP, THE MORE LIKELY IT IS TO DROP, IT'S FORMING A LEDGE

GOLD FALLS BELOW THE 10 DAY MA

6:45AM PST THE NEW INTERMEDIATE DOWN TREND CHANNEL (bottom line redrawn to include this morning's low)

Dollar is getting a boost up to .8486, so maybe

gold will go up now, seeing as how everything

is operating completely opposite to logic today.

6:39AM PST GOLD BEING HELD DOWN SUCCESSFULLY SO FAR WHILE DOLLAR SINKS AND EURO SKYROCKETS

What a world...

Pretty soon they'll convince us

all that water is poisonous.

6:24AM PST DOLLAR HITS NEW LOW AT .84665, EURO EXCEEDS OLD HIGH AT 1.3063

See the comment I just posted on GOLDTRADER COMMENTS
from Casey Research.
It's obvious the bullion banks are shorting this market and holding
it down right now.
So where are the buyers with either guts or common sense.
People should be buying gold at the Crimex
and taking physical delivery at this level
When are we going to bury these crooks by taking all the PMs
away from them?

6:12AM PST GOLD GETTING HIT ON EVERY UP MOVE, VOLUME IS PATHETIC

What can anyone say anymore?

The world is completely manipulated for the rich.

Say your prayers and prepare to meet a

painful end.

Gold should be exploding right now.

6:04AM PST GOLD STARTS TO MOVEUP SOME ON LIGHT VOLUME AS DOLLAR FALLS FURTHER

Dollar drops more to .8491

Euro moves even higher to 1.3043

6:00AM PST NEXT 75% RETRACE POINT IS AT 88960

Dollar is hugging its lows at .8507

Euro just makes new high at 1.3032

Yet gold still goes down...all logic has vanished!

5:38AM PST AND GOLD TAKES YET ANOTHER HIT

A thousand contracts just sold in one minute.

Buy in volume is not that exciting.

The manipulators have the longs scared.

Or maybe some 'hedgie' accidently leaned on

one of his computer keys.

5:34AM PST GOLD TAKES ANOTHER HIT DOWN TO THE 75% RETRACE POINT WHERE BUYERS MOVE IN

Is this gold sell off not absolutely ridiculous?

What with the Euro up dramatically and the

Dollar falling like a rock?

We live in a world of crooks.

5:22AM PST GOLD FALLS ON THE OPEN, A BRIEF RALLY, THEN CONTINUES DOWN

Euro making new highs having exceeded the

last two previous highs. the next high to exceed

is at 1.3063, not too far away

Yen is falling

Oil in the 40s

Dollar falls further to .8503

So of course, gold is falling....right?

Can the manipulation be any more obvious?

5:19AM PST OVERNIGHT GOLD

5:11AM PST MONDAY GOLD RETRACES 75% OF INTERMEDIATE UP MOVE FROM 8903 UP TO 9263

Gold falls even with Dollar falling to .8515.

Euro rises to 1.3006, the high

6:42PM PST THE LARGER PICTURE

6:36PM PST GOLD PULLS BACK FORMING A DOWN FLAG, WILL IT RESOLVE UP?

Dollar now up to .85605

Euro down to 1.2917

BLUE UPTREND LINE IS REDRAWN to

include the new low at 90410

6:01PM PST GOLD MOVES BACK UP 75% OF THE LAST BIT OF THE DOWN MOVE, MORE RETRACEMENT POINTS TO COME AS GOLD MOVES BACK UP

Dollar up to .8553

Euro falls to 1.2929, currently 1.2938

Yen has a long rise

Oil rises to 40.35, the high so far

Gold pulling back slowly, but could move higher.

5:10PM PST GOLD FALLS FURTHER ON LIGHT VOLUME

Dollar bounces off low at .8531 to .8544 currently

5:00PM PST GOLD MOVES LOWER RETRACING MORE THAN 50% OF THE LAST MOVE UP FROM 89030 TO 92630

Dollar falls to .8532, the low so far.

Euro has risen and fallen twice so far since

the open. The high is at 1.2984, currently at 1.2946

Yen has been rising, but has just pulled back a bit.

Oil bottomed at 39.80. currently on its high at 40.25

3:39PM PST SUNDAY GOLD DROPS DESPITE DOLLAR FALLING AND EURO RISING

Looks like the Boyz are getting a jump on driving

gold down before it can get to NY tomorrow.

Dollar has a big range on the opening. Opens at

.8562 and drops to .8536, then bounces to .8543...

all in the first minute of trading.

Euro gaps up on the opening, tops at 1.2980, then

falls to 1.2953.

Yen gaps down on open then rises

Oil hits the 39s, but rises a bit into the 40s

CHEAP GAS HAS GONE UP 40 CENTS IN THIS

AREA from around $1.40s to $1.70s-80s, even

with oil near its lows. Ain't life in the U.S. grand?

959.90 IS THE 75% RETRACE POINT OF THE MAJOR MOVE DOWN FROM THE ALL-TIME HIGH PRICE IN APRIL'09 GOLD AT 1050.00 DOWN TO THE MAJOR LOW AT 689.70