Tag Archives: Gold

A.M. Look 6/7/22

Spoo…4079.50 is the flat part of the cloud o the 50X3. It will act as initial support and a magnet line until this part of the cloud is worked through. Gold put in a reversal on the 100X3. Dow/Gold is … Continue reading

Daily Market Intelligence 6/6/22

Daily Market Intelligence 6:6:22

A.M. Look 6/3/22

Spoo could come into 4131 and hold. Gold is holding against Bitcoin. This is the thematic that we discussed in the room yesterday. Real hard assets that can withstand volatility and price destruction. Gold is losing to Silver on a … Continue reading

Daily Market Intelligence 6/2/22

Daily Market Intelligence 6:2:22

A.M. Look 5/24/22

Spoo will revolve around the matrix level. 3900 print is needed for a reversal on the 100X3 with 3895 first cloud support.Euro & Gold are very close to resistance. Euro… the down channel its been following since 123.00 Jan 2021 … Continue reading

A.M. Look 5/17/22

Nasd needs all new strength over last nights high. Gold is into its 200 DMA. It held its own against FX and shows room against treasuries. No trade location. Euro rallied higher than expected to the Matrix # and old … Continue reading

Daily Market Intelligence 5/17/22

Daily Market Intelligence 5:17:22

A.M. Look 5/16/22

Full Moon Trading and the worlds is howling about food supply. India banned wheat export. Wheat gapped up to lock limit up. Gold…1770 is the retest of the original down channel. This will take a while to set up again. … Continue reading

Daily Market Intelligence 5/11/22

Wednesday Rules. Crude and Gold denominated in Yuan are both at critical must hold levels. Violations tonight into tomorrow could see the unwinding of more Commodity Yuan based trades. Gold needs to¬†holding the mid 1820’s or it will retest its … Continue reading

A.M. Look 5/9/22

Spoo Pi6t Gaps; 4014.50-4037.50 3983.75-85 3911.75Nasd 100 Pit Gap; 11,347-11,493.1 30 Yr.Bond Pit Gap…135.28-31 July 7-8 2014 It’s going to be a gap trade. No selling weakness. Gold is into support on the 100X3 @ 1855