Tuesday, June 9, 2009

THE LARGER VIEW


GOLD MOVES UP GRADUALLY IN EVENING TRADING


2:15PM PDST AFTERNOON GOLD CLOSE


GOLD DOESN'T MANAGE TO MOVE HIGHER IN AFTERNOON TRADING, EVEN WITH A SINKING DOLLAR


Euro, Yen manage to stay very strong near their highs,
Oil moves into the 70s
Dollar up a bit from its low, but not enough to depress gold

GOLD RISES ON VERY LIGHT VOLUME


A pull back on only 75 contracts is enough to distort the charts
for those who don't follow VOLUME on all these moves.
Afternoon trading is done on much lower volume that during the
Crimex session. Mostly single digit volume per minute for most
of the afternoon.



Gold moves up to the previous high at 9578 and turns back

The strength of gold in fighting back through this massive

manipulation is impressive.

Where do you think gold would be if there wasn't any manipulation?

DOLLAR NOW DOWN TO .7970 BUT GOLD IS STILL GETTING WHACKED


I think traders are selling out on any rise just to get out of this
manipulated bullshit market.

DOLLAR SINKING LIKE AN ANVIL, AND GOLD HAS TO FIGHT IT'S WAY UP THROUGH ALL THE MANIPULATORS, WHAT BULLSHIT!


Dollar down to .7975 and gold isn't going straight up....YET



DOLLAR FALLS THROUGH .8000 AGAIN


Gold makes a good move up, but of course, is immediately
beat back by these Crimex assholes.
Bonds now turn up
Euro making new highs
and gold isn't exploding?
What a world!

JUNE DOLLAR READY TO BREAK THROUGH .8000 AGAIN, IT'S AT .8002 RIGHT NOW AND HAS BEEN SINKING ALL DAY


Oil making new highs near 70
Euro moving back up to near its highs
Yen still strong
Dow up 33
Bonds down most of today and near their lows

THE MANIPULATION ON THE CRIMEX TODAY IS BEYOND THE BELIEF OF NORMAL HUMAN BEINGS, IT'S LIKE A BANK ROBBERY IN PLAIN SITE WITH NO GUNS PRESENT


WILL ANYONE EVER HOLD THESE CRIMEX CRIMINALS
ACCOUNTABLE FOR THEIR OVERT MANIPULATION
OF GOLD?
The dollar is sinking like a rock
The Euro is strong as hell,
along with the Yen
Oil is rising
Even the Dow is moving higher
Only Bonds are down
AND GOLD TANKS LIKE NOBODY WANTS IT?
GIVE ME A BREAK!

DOLLAR FALLING AGAIN




GOLD RISES INTO THE CLOSE


GOLD GETS HIT FURTHER ON MODERATE VOLUME, BUT MANAGES TO RALLY OFF THE LOW


Euro and Yen stay strong
Dollar still near the lows of the day
So who has the need to push gold down near the close?

THE GOLD BASHERS NEVER QUIT TRYING TO PAINT THE CHART JUST BEFORE THE CRIMEX CLOSE


GOLD GETS A QUICK HIT ON LIGHT VOLUME AHEAD OF THE CLOSE


GOLD STARTS TO TAKE OFF BEFORE THE CRIMEX CLOSE


DOLLAR GETS A PPT BUMP AND GOLD DROPS, WHAT A BUNCH OF PUSSIES GOLD LONGS ARE


JUNE DOLLAR BREAKS BELOW .8000 HITTING .7995

GOLD HITS THE FIRST 75% RETRACE POINT AT 95940, SHOULD JUST KEEP RISING

Euro making new highs
Yen moving higher
Oil moving up
Dow even, cutting previous losses
Bonds still moving lower

DOLLAR SINKS TO ITS LOW OF THE DAY

LOTS OF SELLERS AHEAD...GUESS WHO?

GOLD FINALLY MOVES UP BOLDLY, VOLUME IS GROWING STEADILY


Gold should just keep moving up with very shallow pull backs
given that the dollar is toast

DOLLAR SINKS LOWER, EURO MAKES NEW HIGHS


Gold is being suppressed mightily today as the dollar tanks
and the Euro climbs

EURO MAKING NEW HIGHS, GOLD SHOULD MOVE UP NOW

Gold is simply enduring the usual gold bashing and surviving
it quite well today
Dollar sinks to another new low

DOLLAR SINKING AGAIN, GOLD MAKES A GOOD MOVE UP OUT OF THE WHITE DOWN CHANNEL


GOLD HITS THE 75% RETRACE POINT AT 954 AND RALLIES QUICKLY AS THE DOLLAR GETS READY TO FALL EVEN MORE


Bonds turn down
Dow off 25
Euro and Yen stay strong
Oil not moving much

THE MANIPULATORS ARE WORKING OVERTIME TODAY, BUT WILL FAIL END THE END


HERE WE GO!


Dollar makes a new low

DOLLAR FLOPS AGAIN, EURO, YEN, OIL, BONDS MOVING UP


Dollar almost on its low again
Gold should really take off soon

BONDS, EURO, YEN MOVING HIGHER, DOLLAR GOES WEAK AGAIN


DOLLAR GETS A PPT GOOSE AND GOLD FALLS ONLY TO RALLY QUICKLY


DOLLAR DYING AGAIN, FLOPPING BADLY


Oil, Yen, Euro all moving back up
Gold rising on moderate volume
but moving up quickly

DOLLAR DROPS, GOLD MOVES BACK UP

GOLD BUYERS MOVING IN NOW, DOLLAR 'RALLY' GOING NOWHERE


Bonds and Oil move down
Dow moves down a bit
Euro starting to turn up,
Yen moves up
Dollar rally weak

DOLLAR GETTING A PPT BOOST WHICH SHOULD FAIL TO HOLD, LOTS OF GOLD BUYERS AT THIS LEVEL


GOLD BUYERS MOVING IN ON EVERY DIP


DOLLAR STILL WEAKENING, EURO, YEN NEAR THEIR HIGHS, BONDS UP


GOLD GETTING READY TO VAULT UP TO 974


Shorts are hitting gold to keep it from exploding as dollar
collapses, Gold should win

GOLD SPIKES HIGHER AS DOLLAR DROPS FURTHER, A PULL BACK HERE THEN HIGHER

Gold spikes up to the top thin blue uptrend line
and pulls back, now higher
Gold appears to find support on the THICK blue
top line of the intermediate uptrend channel which
it just exceeded.
Dollar falling hard

BONDS, OIL, EURO, YEN ALL MOVING UP, DOW SLOWLY MOVING LOWER


Gold falling on light volume to the first 75% retrace point

POSSIBLE HEAD & SHOULDER PATTERN DEVELOPING, RESOLVES DOWN


Dollar dropping further should negate the pattern,
but gold often makes a big drop just before it rockets up
to let the shorts cover and then go long.

NO STRENGTH SHOWING IN THE DOLLAR, EURO, YEN PAUSING AT THEIR HIGHS, BONDS TURN BACK UP, DOW UP 10


Very tricky place to trade gold, it's too high to go long,
and pausing too long at the first 75% retrace point to go
short (never short gold!)
Just wait for gold to resolve in a certain direction to see
where it's going.
The dollar is in big trouble and could collapse, driving gold
much higher a la the Armstrong prediction

DOLLAR STRUGGLING BACK UP, EURO, YEN TOPPING FOR NOW, OIL STILL NEAR ITS HIGHS


Gold acting like it wants to drop, but it could change in a flash
and go higher
A lot of quick profit was just made and any sane trader would
be locking it in.

STEEP RUNUPS USUALLY PULL BACK, BUT HOW FAR WITH THE DOLLAR FALLING SO HARD?


TIME FOR A PULLBACK? OR DOES GOLD JUST PAUSE THEN EXPLODE HIGHER?


DOLLAR NEAR ITS LOWS, EURO EDGING UP AGAIN, GOLD COULD SPIKE TO 974, ANOTHER 75% POINT


Gold hitting resistance at the 75% retrace point at 96040
Dollar moves to a new low, gold moves higher and stalls
at 9611, a previous high

GOLD MOVES HIGHER NEARING THE NEXT 75% RETRACE POINT AT 96040, MAY JUMP UP THERE QUICKLY AND RETRACE HARD ON THE CRIMEX OPEN


Gold rises close to the top thin blue uptrend channel line
where it stalls again.
Strong volume on the last part of this run up as the bull
market chasers jump in on the highs, only to get creamed
when the Crimex boyz smash gold in a few minutes

THE PULL BACK BEGINS AT 5:00AM PDST, 20 MINUTES BEFORE THE CRIMEX OPEN


Euro has moved up strongly but is stalled
Yen up too
Oil up to the 69s

THE BLUE UPFLAG SHOULD RESOLVE DOWN, UNLESS IT IS THE NEW UPTREND CHANNEL


The INVERSE H&S Pattern is now resolving up,
but how far?

NEXT HIGHER 75% RETRACE POINT, 96040


DOLLAR COLLAPSES, GOLD SHOOTS UP TO 75% POINT AND STALLS FOR NOW


Gold will either continue higher, or get beat down at the
Crimex open with 30 minutes to go