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aussiebear

IDS World Markets Fri 4th December 09

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Gold, euro, aussie pulling up. Long again. Green this time. Took half profits on aussie already.

 

they flushed out the dip buyers/supports about 3 times on each.

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Gold may be in an ending diagonal on this 5th of this magnificent 3rd, which would require one dip lower.

 

 

 

Too much higher and the ED may be busted and the low is in. Tricky spot right here, but I think we is close to a short-term bottom.

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No reason why they shouldn't get to 1119 by the close.

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or the resistance line at 1120.85.

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Bearz running fer the hills? :unsure:

 

post-1110-1259958446.jpg

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No reason why they shouldn't get to 1119 by the close.

 

 

They are trying to push the ES above 06 to try and get shorts to cover. Goldman Sucks was a big buyer of spoos in the pit here recently, but the buying has tapered off here. O6 ES key here.

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Bucky takes the 50day at 75.74.

 

idx24_usd_en_2.gif

C'mon, deflation thesis!

 

Go! Go! Go!

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