DT — To DAYTRADER : Gold looks to be bouncing off the daily 21MAC red line (todays low). And its obvious the 50 day MA shows a strong uptrend. And I like those 'pinching' bollinger bands, they let us know a HUGE move is imminent. This market ...

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Holloween isn't far away.

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HI Foxy !!! The down sloping 50 day MA is also up around 10400 matching the top side of your supply zone.

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ORDER IN THE MARKET — Market order = the bulls running up the price so us PROUD BEARS can sell it higher and make more pips. Bears love the bulls. Refer to the GOLDEN RULE : url

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I got a plastic bull mask.

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I'm a bull until it reaches the 10330 area. Then I'm gonna turn bear again. lolol

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TRIPLE TROUBLE for the bulls around the 10330 zone. The 38% retracement line is right there too.

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Here is the 10327 line. It might not get there but if it does the BEAR is gonna have some bigtime fun.

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No, not now. I told you yesterday the market was in a correction. It was very oversold on shorter term charts. 10327 is the old broken low and RED LINE on my 21MAC. Double trouble for the bulls.

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Thats good DB !!! There's a GREAT BIG BEAR just sitting there waiting @ 10330.

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ABSOLUTELY, I wanna see the evidence. Where is it ? The last big aussie leg up, gold and silver went NOWHERE. When the aussie tanked, gold and silver went UP.

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There is a BIG BIG BEAR waiting @ daily red line (10330)

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Howdy DB !!! You reckon the bulls are strong enough to push this up to the daily RED LINE ???

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30M ADX @ critical juncture. Pivotal area @ 20 line. Only one of two things will happen : we will either start a short term correction higher or we will ACCELERATE in a downward fashion. The last time we hit the 20 line, the market was already ...

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Not real sure about your interpretation here, but when the ADX dips below 20 and then rises it is supporting the current trend. The current trend is down. When ADX rises to the 50-60 zone and turns down, I look for a trend change I can actually ...

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ADX — Weekly ADX is pointing UP in a downmove. An indication the downtrend is STRONG.

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Corrections always happen in BEAR MARKETS !!!

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Because the aussie IS NOT gold. They just travel together from time to time then the aussie gets off the train and goes elsewhere. Scared money jumps into gold - the ultimate safe haven.

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COMMERCIALS - the GOLDEN rule

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My view : commercials extremely net short right now = D-O-W-N !!! When commercials change from bear zone to bull zone, I'll be turning bullish myself and start looking for the buy trigger. Until then, I remain in the bear camp.

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