7:55PM PST

6:20PM PST GOLD PULLS BACK

5:20PM PST GOLD HAS NICE RUNUP MORE THAN 75%, NOW A PULL BACK?

My real time data source isn't up yet, so all I have

is delayed charts.

Dollar is lower at .8182

Euro has rallied to 1.4016 but pulled back to 1.3984.

Very thin holiday markets can create thin volatile

trading.

4:25PM PST SUNDAY AFTERNOON

Gold rising well on light volume after an initail

dip on the opening

THE BIG PICTURE SO FAR

THE LARGER PICTURE

2:15PM PST AFTERNOON CLOSE FOR THE WEEKEND

11:55AM PST

10:08AM PST DOLLAR HITS .82765

Other markets do not support gold rising,

BUT IT KEEPS MOVING BACK UP!

9:53AM PST DOLLAR MAKES NEW HIGH AT .8269

Euro, Dow both dropping fast

Gold retraces 75% of this morning's entire

up move, may rally here.

Dollar holding strong

9:04AM PST

8:58AM PST GOLD TRADING SIDEWAYS TO UP IN AN UP FLAG THAT RESOLVES DOWN

Dollar staying up in the .8200s,

currently .82395, the high is .82605

Euro going nowhere really, but is down right now.

Dow down 100 points and falling

7:45AM PST TODAY'S MARKETS ARE STRICTLY FOR SHORT TERM SCALPERS DUE TO VOLATILITY

Dollar at .8225

Euro very erratic

Dow moving up, but could see a big sell off

near the close

THE LARGER PICTURE

6:56AM PST DOLLAR JUMPS TO .82355, GOLD DROPS BELOW UPTREND CHANNEL

Gold dropping fast

6:50AM PST GOLD HITTING RESISTANCE AT 843, AND LOOKS TO BE GOING LOWER

Dollar jumps back up to .8223

Euro has been trading aimlessly sideways,

but just now started falling

Gold volumes are very light and erratic is size

from minute to minute.

This is a very thin market, but highly tradeable,

if you're very quick and not greedy

6:29AM PST GOLD MOVES UP ON VERY LIGHT, IRREGULAR VOLUME

Today is a QUADRUPLE Witching day, so

many crazy moves can occur in financial markets.

Dollar at .8202

5:58AM PST

5:53AM PST GOLD MOVES HIGHER

Dollar slips to .8195

MOVING AVERAGES ON A DAILY CHART DEC 19, 2008

Gold moves back below the 200 day MA