GOLDTRADER'S GROUP

Friday, June 5, 2009

GOLD SLIPPING, DOLLAR JUMPS UP TO .8074

THE BIG MANIPULATION IS IN PROGRESS SO THAT

THE SHORTS CAN COVER BEFORE THE BIGGEST RUNUP

IN GOLD IN HISTORY TAKES PLACE LATER THIS MONTH

MAYBE GOLD WON'T FALL AFTER ALL

THE BOYZ ARE REALLY PUSHING THE DOLLAR UP TODAY, IT'S ON ITS HIGH AT .8064, LOOKS LIKE GOLD MAY FALL NOW IF THE DOLLAR WON'T COLLAPSE

GOLD STARTING TO SLIP NOW.

DOLLAR ON ITS HIGH FOR THE DAY AT .8063, GOLD RETRACES 75%

GOLD SLIPPING INTO THE CRIMEX CLOSE

DOLLAR RISING, EURO FALLING, GOLD SHOULD GO LOWER

Dow and Oil turning down

Bonds have been chopping sideways just above their lows

for the day.

Looks like gold will go down into the close, then I expect a

good rally early in afternoon trading.

GOLD MAKING GOOD PROGRESS BUT COULD SELL OFF NEAR THE CLOSE, THEN RALLY INTO THE AFTERNOON

GOLD MOVES A LITTLE HIGHER HITTING THE 75% RETRACE POINT

DOLLAR HOLDING ITS HIGHS, CURRENTLY AT .8056

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.

GOLD MOVES BACK UP TO THE TOP OF THE BLUE DOWN FLAG, MAY GO HIGHER

GOLD FALLING AGAIN

GOLD SPRINGS UP, BUT MAY NOT CONTINUE

DOLLAR AND BONDS MOVING UP, ALL ELSE DOWN

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

GOLD MAY MOVE LOWER, ALL WAS WELL IN THE OTHER MARKETS, BUT THINGS ARE JUST NOW REVERSING

DOLLAR MOVES UP TO .8060

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