Just another day.... should we all just quit after I hit my day 13 timeline.....

Wouldn't want to be long miners here Charmin.

The Major weekly Trendline is now being attacked and this is what has me concerned . Below is the chart of the XAU , Upper left is Hourly , Upper Right Daiuly and bottom is the weekly . Notice the Green trendline .

I will try to add the chart on the next post , for some reason it won't post right nowl Must be a bug on the site

anyone else having problems up loading charts this Am ? I keep gettign a blank white page after I hit "add this attachment". Never happened before .

Let's try just the Weekly chart only

notice Green trendline being attacked

XAU feb lows
Euro feb lows

could be close to a washout

everything breaking because of dollar

6.95 area on silver support
july silver wnet to 7.05 low

Well, now that we've hit Ike's famous 84 - 89 XAU, it should be straight up to 155

may crude just hit a support area for may
49.75 area

or 50 area

we are close to 85 aren't we

NEM aproaching Feb. support area

spring in june gold in proir April low

silver going higher despite dollar rally

Nice article from Volcker. This looks like a serious correction coming in the broads. 1170 goes down.

http://www.washingtonpost.com/wp-dyn/artic...5-2005Apr8.html

copper could be spring ing here and may go back to top of range 149

low of 140

crude rallying off creek 50 area

euro decent action - not great

85.50 is creek on dollar

starting to accumulate very lightly. these will not be trading positions, but long term buy and hold. i dont think the dolar has much to go on the upside. well, if you 've been kicking yourself for missing the gold rise these last few years, this is an opportunity to buy. dharma

from brighter minds

today was interesting
metals new lows
then euro followed
then metals reacted back up
euro then reacted up
metals seems to be leading esp silver now imho

Have open gap in the 85+ XAU and an ABC I have been looking at was hit at 185 in the HUI. Need to see a spring off the lows. Lots of scared bulls around. Tough call here.

My feeling is that the US Dollar is in an up trend to 87-90 and that there is a current push to squeeze the short out of the US Dollar positions. My focal point is still Mid May to early June for this swing in the Up dollar trade. And inverse reaction in Gold and Euro.

HUI

I think we hold the stock indices here

on jan lows -

guess what - a COP or contracted objective for XAU is 87.38

I think we may hold here - feb lows

next target would be the 83 area on XAU

may need to spring some support to find demand

WTZ makes it back to the Jan low

no demand - bearish in stocks

no short covering at support means they are content to be short

That was an Ugly day and to make it worse the weekly charts are not going to be looking good by close tomorrow which can only mean one thing , we still have further to fall .

Brutal.. just brutal....

THE COMING BULL MARKET IN GOLD STOCKS, Frank Barbera, CMT

Looks a bit lower from here CG. Glad I ain't holding the bag.