Tuesday, August 10, 2010

GO TO THE FOLLOWING LINK TO MY NEW CHARTS BLOG

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http://goldtraderschartsasofaugust102010.blogspot.com/

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

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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

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GOLD BOUNCES ON MODERATE VOLUME

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GOLD MOVES LOWER AHEAD OF THE CRIMEX OPEN ON STRONG VOLUME

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

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GOLD MOVING UP FROM THE LOW ON LIGHT VOLUME

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GOLD DROPS AGAIN AHEAD OF THE CRIMEX OPEN

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

GOLD STILL MOVING LOWER APPROACHING THE CRIMEX OPEN

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GOLD BREAKS BELOW THE 1200 LEVEL

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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

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THIS CHART SHOWS THE RETRACE POINTS FOR THE ENTIRE WHITE UP CHANNEL
Monday, August 9, 2010

GT IS GOING TO SLEEP UNTIL MIDNIGHT PDST

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GOLD SLIPS UNDER THE WHITE UPTREND CHANNEL BOTTOM LINE

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

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SOMEBODY IS MAKING MONEY TRADING UP AND DOWN THIS TRADING RANGE

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GOLD RALLIES 75%

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GOLD DROPS TO THE 75% RETRACE POINT

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GOLD DROPS SUDDENLY ON ABOUT 200 CONTRACTS IN 4 MINUTES

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GOLD TRADES SIDEWAYS AS USUAL IN LATE AFTERNOON TRADING

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NEXT HIGHER RETRACE POINT AT 1205.9

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GOLD RISES IN EARLY AFTERNOON TRADING

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

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GOLD ON THE LOW AHEAD OF THE CRIMEX CLOSE

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GOLD RETESTS THE SESSION LOW AS THE CRIMEX CLOSE GETS CLOSER

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GOLD DROPS THEN RALLIES BUT CAN'T STAY UP

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

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GOLD MOVES BACK UP ON LIGHT VOLUME

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GOLD FALLS AGAIN

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

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GOLD SHOWING NO UPWARD STRENGTH FOR NOW

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GOLD MAY WANT TO HIT THE LOWER RETRACE POINT BEFORE RALLYING

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

GOLD COULD STILL RALLY FROM HERE

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INVERSE HEAD AND SHOULDERS PATTERN FORMS, RESOLVES UP

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POSSIBLE INVERSE HEAD AND SHOULDERS PATTERN FORMING, RESOLVES UP

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

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GOLD DROPS CLOSER TO THE RETRACE POINT

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GOLD DROPS TO THE WHITE UPTREND CHANNEL BOTTOM LINE

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

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GOLD GETTING WEAKER

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GOLD DROPS LOWER AGAIN, NO RALLY STRENGTH YET

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

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VERY LIGHT VOLUME AS GOLD TRADES WITHIN THE RED DOWN FLAG

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GOLD RALLY IS WEAK

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GOLD TESTING THIS LOW

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GOLD MOVES LOWER

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GOLD TURNS DOWN ON LOW VOLUME

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

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