Tag Archives: Gold

Daily Market Intelligence 7/28/20

Daily Market Intelligence 7-28-20

A.M. Look 7/27/20

The Dollar was sold out of the gate last night with the high demand for precious metals. A Mighty Short Squeeze May Be Building in Gold https://www.bloomberg.com/view/articles/2020-07-27/a-mighty-short-squeeze-may-be-building-in-gold-futures Yra set this trade up two weeks ago before Gold & Silver broke … Continue reading

A.M. Look 7/24/20

The Spoo’s have completed the initial past of the wiggle discussed yesterday. Last nights failure into the yearly close has me looking for the next level down. Spoo/Nasd..is just shy of its 50 DMA. Shcomp..wiped out all of the July … Continue reading

A.M. Look 7/23/20

Richard Bonugli has kindly given us a sneak peak at Yra’s Podcast with Rick Rule. https://youtu.be/PZh5Jfg3Hv4 Silver has stretched RSI’s (90%) on daily FX spreads, Gold/Silver and straight Silver. You’re being the Metals trying to work that hot overbought indicator … Continue reading

Daily Market Intelligence 7/23/20

Daily Market Intelligence 7-23-20

A.M. Look 7/22/20

It’s Wednesday, need I say more. Spoo’s would need a 3225 print to show weakness. The corporate insiders that bought in March are now selling. VIX Futures expire today. In the past this has brought about volatility. Andrew stumbled on … Continue reading

A.M. Look 7/21/20

FX land; it’s the commodity currencies that are going. Canada and Aussie EWC…Canada was featured early in the room as it broke above its 200 DMA. Follow the Currency and the country ETF should follow. Silver is leading the metals … Continue reading

Daily Market Intelligence 7/21/20

Daily Market Intelligence 7-21-20

A.M. Look 7/20/20

Last minute wrangling saw the Europe come together on a covid rescue package. Platinum is breaking out above its 859.80 retest level. 879.80, its 200 DMA, is closing resistance. Yra’s Gold/Platinum spread worked for 9 dollars on Friday and up … Continue reading

Daily Market Intelligence 7/20/20

Daily Market Intelligence 7-20-20