Friday, April 3, 2009

Thursday, April 2, 2009


2:15PM PST AFTERNOON CLOSE


1:07PM PDST


11:52AM PDST


11:34AM PDST


10:54AM PDST


10:48AM PDST GOLD PULLS BACK FROM SHORT OF THE NEXT 75% RETRACE POINT AT 91140


Dollar hits low at .8446, currently at .8468
Dow pulls back from being up over 300 points
to only up 235 currently. Gap up open, so expect
a pull back in the next few days to fill that gap.

10:25AM PDST GOLD MAKES IT TO THE FIRST 75% RETRACE POINT AND BEYOND


10:05AM PDST GOLD MAKES A WEAK ATTEMPT TO MOVE PAST 908


9:45AM PDST GOLD STALLS AT 9075, NEEDS TO BREAK THRU THAT AND 908 TO MOVE UP TO THE NEXT 75% POINTS


Quick, short pull back, then a charge higher?


Gold holding at 90780. Should break through
any minute unless it breaks down here.
volume is very light


A little bigger view. Gold is now pushing above
9075. the 'W' formation should resolve up the
right leg that we're on right now at least to one or
both of the two 75% retrace points shown.

9:32AM PDST DOLLAR DROPS TO .8448, GOLD ISN'T TAKING NOTICE OF IT YET


8:57AM PDST GOLD MOVES HIGHER, BUT IS NOW PULLING BACK


Gold is nearing the previous top at 908 and 975
where it was turned back earlier. It should be
able to break through this time as momentum
back up is building steadily rather than in spikes
which can retrace quickly.
Dollar is moving lower, currently at .8478
Bonds, Dow, Yen, Euro, Oil all moving higher
at the moment