Monday, July 6, 2009


2:15PM PDST AFTERNOON GOLD CLOSE


DOW OFF 84, DOLLAR RISES A BIT, EURO PULLS BACK


Gold struggling on every rise to go higher against the
heavy manipulation.

GOLD RETRACES 75% OF THE LAST UP MOVE


GOLD FINDING SUPPORT AT THE TOP RED LINE OF THE DOWN FLAG JUST EXCEEDED


GOLD IS CONSOLIDATING HERE BUILDING ENERGY TO MOVE HIGHER


GOLD MOVES HIGHER VERY FAST, SHOULD GO HIGHER


GOLD SHOULD MOVE UP TO 92870


GOLD STARTS TO BREAK HIGHER


Dollar dropping faster

GOLD FINDING SUPPORT AT 920, ABOUT 120 BUYERS THERE



GOLD COULD BREAK UP AND OUT OF THE RED DOWN FLAG ON THE NEXT UP MOVE


WILL THE RED DOWN FLAG RESOLVE UP?


GOLD MAY RISE SOON AS THE EURO AND OIL ARE STARTING TO TURN UP


Dollar is slipping
Dow is cutting its losses
Bonds moving up a bit

GOLD DROPS SUDDENLY, BUT RALLIES, VERY WILD TRADING


VERY ERRATIC TRADING HERE ON LIGHT TO MODERATE VOLUME


VOLUME IS NOT TOO HEAVY ON THIS PULLBACK, IT'S RALLYING RIGHT NOW


AT THE OPEN




GOLD RISING SLOWLY TEN MINUTES BEFORE THE CRIMEX OPEN


Gold will probably rally on the open, although it should
have had a rally already by now.

GOLD DROPS OVERNIGHT BELOW THE WHITE AND BLUE UPTREND LINES, RETRACES 75% OF MOVE FROM 9132 TO 949


Gold stops just above the lower line of the black down trend
channel