Daily Market Intelligence 12-27-19
I urge everyone to take the time to listen to this Druckenmiller interview. https://www.bloomberg.com/news/videos/2019-12-18/druckenmiller-on-2020-outlook-monetary-policy-u-s-election-video Silver hit its resistance. it will take sustained and closing price action above the overnight high to extend. Friday’s Also driven weakness in Palladium had its … Continue reading
Daily Market Intelligence 11-20-19
It’s a Risk On world with XI and Fearless Leader making nice. Commonwealth Currencies are picking up with a Risk on Board. Aussie held its qtly pivot with AUD/JPY leading the move. Loonie is showing a daily ORH pattern. It … Continue reading
Daily Market Intelligence 10-3-19
China reportedly bought 100 Tons of Gold. Gold and Silver held last night. The jury will be out until Thursday’s ECB meeting whether this is a pause in the rally or there is more to come. Silver vs Yuan & … Continue reading
There is a yield chase going on worldwide. Yra pointed out early that the RBA left rates unchanged last night. The result was buying of precious metals and Silver Miners. ORH day In Aussie. AUD/NZD qtly buy stops are @ … Continue reading
Daily Market Intelligence 7-2-19
We know that the new matrix level posted in the Gold is good. Gold looks best against the GBPUSD & AUDUSD. Gold/YUAN is putting in an ORH qtr with a cloud breakout. FYI…so is Gold/USDDEM 30 Yr. Bonds remain firm … Continue reading