Tuesday, August 10, 2010

GO TO THE FOLLOWING LINK TO MY NEW CHARTS BLOG

http://goldtraderschartsasofaugust102010.blogspot.com/

HAVING TROUBLE CREATING A NEW BLOG THAT WILL ACCEPT POSTING OF CHARTS. THIS MAY TAKE A WHILE

RIGHT NOW I NEED TO CONCENTRATE ON TRADING, SO I WILL CREATE THE NEW BLOG AS I FIND THE TIME WHEN THE MARKET QUIETS DOWN.

THIS BLOG JUST RAN OUT OF FREE SPACE TO UPLOAD CHARTS, I WILL CREATE A NEW BLOG IN A MOMENT TO POST CHARTS. IT TAKES A WHILE SO BE PATIENT

GOLD BOUNCES ON MODERATE VOLUME

GOLD MOVES LOWER AHEAD OF THE CRIMEX OPEN ON STRONG VOLUME

GOLD TURNS BACK DOWN AND BUILDS A LEDGE TO FALL FROM, GOLD MAY GET BASHED ON THE OPEN

GOLD MOVING UP FROM THE LOW ON LIGHT VOLUME

GOLD DROPS AGAIN AHEAD OF THE CRIMEX OPEN

THIS MOVE DOWN IS AN ORGANIZED PLAN BY THE MANIPULATORS TO KEEP GOLD FROM EXPLODING HIGHER

GOLD STILL MOVING LOWER APPROACHING THE CRIMEX OPEN

GOLD BREAKS BELOW THE 1200 LEVEL

THE FOMC REPORT WILL BE ISSUED AT 11:15AM PDST TODAY AND USUALLY MAKES THE GOLD MARKET MOVE WILDLY

GOLD BREAKS BELOW THE WHITE UPTREND CHANNEL

THIS CHART SHOWS THE RETRACE POINTS FOR THE ENTIRE WHITE UP CHANNEL

Monday, August 9, 2010

GT IS GOING TO SLEEP UNTIL MIDNIGHT PDST

GOLD SLIPS UNDER THE WHITE UPTREND CHANNEL BOTTOM LINE

JUST WHEN YOU DECIDE TO TRADE THE PATTERN, THE MANIPULATORS CHANGE IT AND YOU LOSE

SOMEBODY IS MAKING MONEY TRADING UP AND DOWN THIS TRADING RANGE

GOLD RALLIES 75%

GOLD DROPS TO THE 75% RETRACE POINT

GOLD DROPS SUDDENLY ON ABOUT 200 CONTRACTS IN 4 MINUTES


GOLD TRADES SIDEWAYS AS USUAL IN LATE AFTERNOON TRADING

NEXT HIGHER RETRACE POINT AT 1205.9

GOLD RISES IN EARLY AFTERNOON TRADING

GOLD FINDS SUPPORT AT THE 1200 AREA AND RALLIES INTO THE CLOSE

GOLD ON THE LOW AHEAD OF THE CRIMEX CLOSE

GOLD RETESTS THE SESSION LOW AS THE CRIMEX CLOSE GETS CLOSER

GOLD DROPS THEN RALLIES BUT CAN'T STAY UP

GOLD QUIETS INTO A NARROW TRADING RANGE WITH NOT MUCH TO MOVE THE MARKET WITH THE FOMC MEETINGS MAKING TRADERS LAY LOW FOR NOW

GOLD MOVES BACK UP ON LIGHT VOLUME

GOLD FALLS AGAIN

GOLD GETS A LITTLE LIFT ON GOOD VOLUME THEN STALLS AND PULLS BACK

GOLD SHOWING NO UPWARD STRENGTH FOR NOW

GOLD MAY WANT TO HIT THE LOWER RETRACE POINT BEFORE RALLYING

APPARENTLY THE BULLION BANKS ARE GOING TO KEEP THE PRESSURE ON DURING THE TWO DAY FOMC MEETING

GOLD COULD STILL RALLY FROM HERE

INVERSE HEAD AND SHOULDERS PATTERN FORMS, RESOLVES UP

POSSIBLE INVERSE HEAD AND SHOULDERS PATTERN FORMING, RESOLVES UP

GOLD MOVES UP ON GOOD VOLUME, A PULL BACK THEN HIGHER?

GOLD DROPS CLOSER TO THE RETRACE POINT

GOLD DROPS TO THE WHITE UPTREND CHANNEL BOTTOM LINE

EURO MOVING UP, THE REST ARE MOVING DOWN, GOLD SHOWING NO STRENGTH

GOLD GETTING WEAKER

GOLD DROPS LOWER AGAIN, NO RALLY STRENGTH YET

OIL FALLS, EURO, STOCKS TURN DOWN, GOLD DROPS LOWER

VERY LIGHT VOLUME AS GOLD TRADES WITHIN THE RED DOWN FLAG

GOLD RALLY IS WEAK

GOLD TESTING THIS LOW

GOLD MOVES LOWER

GOLD TURNS DOWN ON LOW VOLUME

GOLD PUSHED LOWER, NO STRONG RALLY YET, EURO, STOCKS TURN DOWN