NEW BLOG CHART POSTED
As you can see from the new chart just posted
gold has formed a down flag (white lines) within
a more intermediate UP flag formed at the low of 91030
If the price does NOT fall below the bottom blue line of the
UP trend channel where it intersects with the 75% retracement
point at 91790, we are in good shape to continue higher
Higher level channels (intermediate, MAJOR) supercede
lower level channels (short term)...
When I post the most recent BIG PICTURE you will see
how the various channels work within one another...
So when you are looking at the close up action in one day's
trading and think gold is going down....
in the larger picture...it may just be doing a NORMAL down move
in its very normal see saw pattern which is going UP right now...
The big reality is we are in a MAJOR DOWN FLAG from the
big high up at the $1048 area (bold RED LINES) seen on the
BIG PICTURE CHARTS I post.
The day is waning and the weekend is here...
So gold could either keep fading, go sideways, or stage
a bold run up for the weekend if enough people think
disaster may happen...
What do I mean "may happen"?
IS HAPPENING every waking moment....
but you just don't know it because the media is too concerned
with the bullshit about the "NON ISSUE" CAMPAIGN for
PREZIDUNCE of the NEO-UN-TIED STATES OF AMERIKA!
CSPANJUNKIE has created a NEW GROUP which will be posting
some TRULY OUTRAGEOUS things that Bush has done to prepare
for the COMPLETE TAKEOVER of the country with a recent
EXECUTIVE ORDER...
If she doesn't get it posted on her NEW GROUP
CSPAN'S INTERNET FOLLIES,
I will post it here this evening...
Many articles will be CROSS-POSTED between her group and this blog
so you folks don't miss the REALITY that is happening right under your noses
as you watch your reality shows, the bullshit campaign fraud, and the
Chinese Olympics...like they have any meaning in your lives...
YOU ARE BEING WARNED FOLKS!
The foundation of America is crumbling beneath your feet!
Get your assets protected as Jim Sinclair has just instructed how to do
at JSMINESET.COM or perish in agony!
No comments:
Post a Comment