GOLDTRADER'S GROUP

Friday, June 5, 2009

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