![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_4.gif)
Gold Market Opening
...it's really as simple as that.
Gold reacts to bank solvency issues in America.
...technically, Gold remains solid.
...slow and methodical, a goldilocks rally.
...sure looks like it.
does last weeks' charge need a pullback?
...the 'high tick' threat is evaporating.
...as the traders look for direction.
....a strong showing out of Asia.
....to the new surroundings
....the technicals point to firmer prices
....breaks above $1803.
...breakout from the horizontal marker.
as Bulls go - this one didn't just charge; it defied gravity.
....gold finally comes awake.
...after a decent run.
...Gold is in a "do or die" position.
... a store of value, indeed.
Gold Sells Off Sharply.
...as the target comes in to view.
...Gold Climbs 2% as Oil Gains over 6%
up, then down, then back to $1860.
...it's the same 'ol story
...as a sell-off looms
...not even the spectre of war has caused Gold to move.
...in the run-up to the New Year
...paint drying sessions resume
...could the worst be behind us?
...yesterday's potential reversal fails.
... this pattern will likely be repeated.
up over 1% this morning
...our Power trend is over...but the market remains bid.
...after a momentous day.
the clock is ticking on this recent rally
after another positive day.
...are we starting a new era of volatility?
... is the longer term picture finally coming into view?
...the discipline pays off.
...after a near=perfect bounce
...but the bounce doesn't stick
...consolidating the energy in an up-trending market.
...as the Channel looks ready to fall.
...after a strong run.
...our 'cautious optimism' proves founded.
...as we approach the downtrend.
... as the bounce from $22 continues.
...and the Metals are no exception.
...the bullish signs continue to build.
....after all the drama...we're right back at $1800.
...Silver Falls $2.00/.oz in Flash Crash - before recovering
... a taste of things to come?
but the Metals are unaffected.
...as the grouping around $26.00 continues.
...as Silver develops Power Trend
as Silver clears horizontal resistance
after a month of meandering
...volatility crushed as market is becalmed.
...and why it pays never to anticipate the market.
... does the developing channel hint at a higher move?
...can't break out... won't sell-off.
...but still fighting its corner.
...we check the conditions.
....the profit takers are emerging
....as the rally develops
...as Gold indicates a potential Breakout.
a developing trend points the way to higher prices.
...as the market consolidates.
... a natural pause, creates a potential for length
...our target has been bettered.
...so far Gold and Silver are hanging tough.
...breakout followed by a gap.
...while we rest at horizontal resistance.
...as the tail-chasers emerge.
a less than impressive Friday close leave Metals under pressure
Silver Takes Out both Moving Averages.
... the market is poised to move higher.
...are we going to make it this time?
...until we negate the channel... we're going nowhere
...can the inside rally become bull market?
a possible reversal meets horizontal resistance.
Friday's Close Did Not Help
we have arrived at an interesting crossroads.
...a breakdown...or a set-up?
...a new uptrend develops, while fears of an equity pullback hamper higher prices.
....increasingly, that seems to be the case
...and a new strategic outlook.
...and we search for a near-term bottom.
... the Dollar bears are feeling the heat
...as the channel grips the Metal.
...but the Metals have been weakened significantly.
... and the Gold/Silver Ratio climbs.
... a profit taking opportunity?
...and what channel indicates for the Dollar
...as the Euro tries to hold on
...as Silver meets resistance line
... as Gold stabilizes
as the 'collapse' fails to materialize.
...and the Dollar rally consolidates
...as the market pauses