THE BIG PICTURE

I

INTERMEDIATE UPTREND CHANNEL

THIS WEEK'S GOLD TRADING

2:15PM PDST AFTERNOON GOLD CLOSE

GOLD MAY RALLY INTO THE CRIMEX CLOSE

GOLD IS VERY STRONG, DON'T LOOK FOR A BIG SELL OFF, MORE LIKELY A RALLY HIGHER

GOLD MOVES UP WITH OIL AND EURO

5 MINUTE JUNE DOLLAR CHART (delayed prices)

EURO FALLING HARD, OIL, STOCKS DOWN, GOLD STILL STRONG

GOLD MAKES ANOTHER HIGH CLOSER TO THE 75% RETRACE POINT AT 1183.6

OIL, EURO RISING AGAIN, GOLD HOLDING STRONG

GOLD ACTING 'TOPPY' BUT NOT GOING DOWN MUCH EVEN WITH STOCKS FALLING HARD WITH EURO, OIL PULLING BACK AND DOLLAR RISING A BIT

EURO TURNS LOWER STRONGLY, OIL DOWN, STOCKS OFF 26 POINTS, GOLD STAYING STRONG BUT MAY START TO TREND LOWER ON PROFIT TAKING

30 MINUTE JUNE DOLLAR CHART (delayed prices)

STOCKS DROPPING FAST, OIL TURNS DOWN, GOLD PROFIT TAKING COULD BEGIN

GOLD MOVES HIGHER ON STRONG VOLUME

THE BULLION BANKS ARE STARTING TO LOSE THE BATTLE

GOLD MOVES UP TO THE TOP YELLOW UPTREND CHANNEL LINE

STOCKS, OIL MOVE UP

EURO, OIL TURN DOWN BUT STOCKS ARE NOW RISING. GOLD MAY NOT GO UP FAST HERE, BUT IT'S NOT LIKELY TO GO DOWN HARD EITHER

CNBC's ERIN BURNETT DECLARES " THE RECESSION IS OVER"...HAHAHAHA

GOLD PREVENTED FROM SPIKING FOR THE MOMENT AS OIL DROPS AND STOCKS GO DOWN COUPLED WITH THE BULLION BANK SELLING PRESSURE WHICH HAS TO BE TREMENDOUS

OIL RISING FAST, GOLD TICKS A LITTLE HIGHER THEN GETS PUSHED DOWN

THE ONLY THING LEFT TO MAKE GOLD SPIKE HIGHER IS SHORT COVERING WHICH WILL OCCUR IF GOLD KEEPS INCHING HIGHER

EURO, OIL MOVE HIGHER, STOCKS STILL DOWN, GOLD BACKING OFF THE HIGH A BIT

STOCKS FALLING QUICKLY, DOLLAR LOWER, OIL STALLED, EURO ON ITS HIGHS, GOLD BEING SUPPRESSED BUT MAY SPIKE

GOLD COULD JUMP TO THE NEXT 75% RETRACE POINT AT 1183

GOLD VOLUME SUDDENLY PICKS UP AND GOLD MOVES UP TO THE HIGH, MAY SPIKE

GOLD VOLUME HAS GONE VERY LIGHT, LOOKS LIKE THE BULLION BANKS ARE WINNING FOR NOW

MANAGED MONEY (FUNDS) COULD JUMP IN AT ANY TIME AND SPIKE GOLD. EURO MOVING HIGHER, OIL IS STALLED, STOCKS MOVE LOWER IN STEPS

BULLION BANK SELLING PRESSURE MUST BE FIERCE HERE

GOLD DROPS BACK FROM THE HIGH, MAY TAKE ANOTHER RUN AT IT

GOLD MAY SPIKE HIGHER HERE

STOCKS TURN DOWN, OIL STOPS RISING

STOCKS, OIL, EURO ALL MOVING UP, GOLD LOOKING STRONG THIS MORNING, MAY MOVE HIGHER SOON

5 MINUTE JUNE DOLLAR CHART (delayed prices)

DOLLAR GETTING WEAKER

STOCKS LOWER ON GDP REPORT GOLD DROPS TO PURPLE UPTREND CHANNEL BOTTOM LINE AND HOLDS WELL

GDP REPORT AT 5:30AM PDST

http://www.marketwatch.com/economy-politics/calendars/economic
SEE FOR MORE REPORTS AND TIMES TODAY

GOLD MAY TAKE OFF TODAY

GOLD RALLIES TO ANOTHER NEW HIGH JUST BEFORE THE CRIMEX OPEN

GOLD MAKES A NEW HIGH

GOLD FORMING A LEDGE, WILL PROBABLY TEST THE LOWER BLUE UPTREND CHANNEL LINE FOR SUPPORT

DAILY CHART OF MOVING AVERAGES

VERY BULLISH

GOLD MADE A NEW HIGH IN EARLY EVENING TRADING AND HAS PULLED BACK SOME, NO IDEA WHERE IT'S GOING NEXT

2:15PM PDST AFTERNOON GOLD CLOSE

DAN NORCINI'S THURSDAY CHART/COMMENTS

http://jsmineset.com/wp-content/uploads/2010/04/April2910Gold.pdf

http://jsmineset.com/wp-content/uploads/2010/04/April2910HUI.pdf