Bearish long day. Crushed 1151.86 (fibo .0557). Now it may test 1110.02 (fibo .09). Midpoint below 10 SMA. Tested the 89 SMA and failed. No daily 3LB changes (reversal is 1073.60). Still trending down on the daily 3LB. QE2infinity.
Bullish long day. Midpoint above 10 SMA (uptrend). The 85.11 (fibo .1459) price has been broken (91.80 is next). Closed above the 76.4% retrace. Bucky has been working out. New high on daily 3LB with reversal now 84.08.
Bullish long day. Fear is being long or short over the weekend. Tested the 23.6% retrace and failed. No daily 3LB changes. Still 28% above the monthly 3LB reversal (24.51).
Doji day (close enough. body s/b 5% or less). Acting like it's scared of 1250. Midpoint still above 10 SMA. To hell with fiat! (Gold's rally cry). No daily 3LB changes.
Bearish LONG day. La-la-la-la-la-la-la (fat lady preparing to sing). Midpoint well below the 10 SMA. Currently below all MA's (again 9x). Fibo level of 1.2935 is resistance. Up next is 1.1571 (the .236 fibo level). Well below trendline (11/27/09-3/17/10). New low on daily 3LB with reversal now 1.2827.
Bearish short day. Confirmed dark cloud cover. Now below the 50% retrace. Closed back below the 144 SMA. Midpoint below 10 SMA (downtrend). No daily 3LB changes.
Spinning top day. Midpoint well below the 10 SMA. Now below the 2.058 fibo (using low) of 144.98. Still getting kicked while down. No daily 3LB changes.