Sunday, July 12, 2009

EFFECTIVE SUNDAY JULY 12, 2009 GOLDTRADER IS MOVING TO A NEW BLOG

THE NEW BLOGSITE ADDRESS IS: http://goldtradersgroupnewblog.blogspot.com/

JUST CLICK ON THE LINK ABOVE TO GO TO THE NEW BLOG SITE.

THIS WILL ALLOW A NEW QUOTA OF CHARTS TO BE POSTED
AND ALSO PROVIDE A FEW NEW TOOLS THAT HAD DISSAPPEARED
ON THE OLD BLOG SITE.
THIS OLD BLOG SITE WILL REMAIN IN EXISTENCE FOR NOW.

BLOGGER TELLS ME I HAVE REACHED MY QUOTA OF FREE SPACE TO POST MORE CHARTS

I will have to figure out how to post more charts another way.

I may use one of my other blogs, like GOLDTRADER RECOMMENDS
which I haven't been posting to for some time.

More when I find out what to do.

GOLD SHOWING SOME STRENGTH


THE NEXT 75% RETRACE POINTS TO THE UPSIDE


90 SELLERS AT 912


SUNDAY AFTERNOON OPEN, GOLD OPENS DOWN


BEFORE THE SUNDAY AFTERNOON OPEN, GOLD COULD OPEN UP THEN PULL BACK HARD


Friday, July 10, 2009

2:15PM AFTERNOON CLOSE FOR THE WEEKEND


GOLD CONTINUES TRADING WITHIN THE DOWN FLAG


All markets trading down a bit

WITH ONE HOUR TO GO, GOLD IS CREEPING A BIT HIGHER


Dow close off about 50 points
Oil levels off at about 59.85
No surprises left today, so it's all up to those who want to
be in or out for the weekend.

LOOKS LIKE GOLD IS GOING TO WANDER SIDEWAYS FOR THE REST OF TODAY'S TRADING


THE LARGER VIEW


The low at 90660 could be the Head of a short term
Inverse Head and Shoulders pattern that would resolve up

WILL THE DOWN FLAG RESOLVE UP BEFORE THE AFTERNOON CLOSE AT 2:15PM PDST?



DOLLAR FALLS TO .80405 (or lower, I use delayed prices)

Instead, dollar's next move is up to .8045
But Dow, Oil, Euro are all moving higher,
so gold could move up right after the Crimex close.
6 minutes to go

GOLD MAY SPIKE HERE THEN PULL BACK VERY QUICKLY

GOLD MAKES A NEW HIGH WITH 18 MINUTES TO GO BEFORE THE CRIMEX CLOSE


Dow, Oil, Euro moving up
Dollar slipping lower, currently at .8046
Bonds angling down in a down flag...could move higher

WILL GOLD GO HIGHER BEFORE THE CRIMEX CLOSE?


THE GOLD BASHERS ARE SUCCEEDING ONCE AGAIN PREVENTING GOLD'S RISE DURING THE CRIMEX SESSION


GOLD GETTING READY TO BREAK OUT HIGHER?




YES!