DOESN'T MEAN GOLD WILL GO DOWN, JUST THAT IT WON'T GO HIGHER RIGHT NOWTuesday, August 31, 2010
THIS COULD BE SELLING BY THE MANIPULATORS TO PREVENT GOLD FROM MOVING HIGHER TONIGHT
DOESN'T MEAN GOLD WILL GO DOWN, JUST THAT IT WON'T GO HIGHER RIGHT NOW
DO YOU SEE THE SHORT TERM HEAD AND SHOULDERS PATTERN?
THE LONGER INTERVAL CHART IS TO PUT THE SHORT INTERVAL CHART INTO PESPECTIVE
DANA NORCINI'S TUESDAY COMMENTS AND CHART
http://jsmineset.com/wp-content/uploads/2010/08/August3110Gold.pdf
TODAY WAS A VERY IMPORTANT MOVE HIGHER IN CONFIRMING THE
GOLD MARKET IS NOW IN AN UPTRENDING MODE TO MUCH HIGHER PRICES
TODAY WAS A VERY IMPORTANT MOVE HIGHER IN CONFIRMING THE
GOLD MARKET IS NOW IN AN UPTRENDING MODE TO MUCH HIGHER PRICES
3:44PM PDST GOLD TRENDING SLIGHTLY LOWER IN A LARGE WHITE DOWNTREND CHANNEL THAT WILL RESOLVE UP
GOLD SHOULD TRADE WITHING THE WHITE DOWNTREND CHANNEL FOR AWHILE, THEN POSSIBLE BREAK OUT HIGHER OVER NIGHT. SOME TRADERS MAY CASH OUT BEFORE THE LONG LABOR DAY WEEKEND AND MAKE GOLD MOVE LOWER, HOWEVER, IT WOULD NOT BE UNUSUAL TO HAVE A GIANT SPIKE HIGHER TO NEW ALL-TIME HIGHS BEFORE THE HOLIDAY WEEKEND EITHER. SOME OF THE BIGGEST RALLIES I HAVE SEEN HAPPENED JUST BEFORE THE MARKET CLOSED ON SUCH HOLIDAY WEEKENDS. WE'LL HAVE TO WAIT AND SEE.
GOLD MAKES A NEW HIGH, VOLUME IS A 'BLOW OFF' TOP AS GOLD PULLS BACK
GOLD MAY STILL REACH UP TO 1252
