Tag Archives: Gold

A.M. Look 9/28/12

Posted on 09/28/2012

Euro…129.59 is unchanged on the year. Presently it’s struggling. 30 Yr….150.16 is unchanged on the month. General Comments… I’m not remotely interested in anything that happens today. It’s all about the closes! Qtr end markings are not a game we’re … Continue reading →

GCEZ2_-_Gold_(Globex)_Dec_12_Point_&_Figure_100x3_Ticks.gif

Posted on 09/27/2012

The breakouts are above 1780 or below 1740.

A.M. Look 9/27/12

Posted on 09/27/2012

Metals…Yesterday’s lows in the Gold, Silver & GDX should be used for short term money management on Long positions. Miners… BHP…66.81 was the 2/3rds coming back on the month. This needs to bounce from this level or lower levels will … Continue reading →

A.M. Look 9/25/12

Posted on 09/25/2012

Gold…there are resting sell stops starting below 1757 with more under 1750. There are resting buy stops above 1800. Silver…35.25 is the upside closing break out. There should be small sell stops below yesterday’s low. GDX…the miners don’t act particularly … Continue reading →

A.M. Look 9/21/12

Posted on 09/21/2012

Intermediate near term Pivots… Oil…as long as the Oil remains above 91.44 close it has a positive bias. Spu’s…closing below 1450 puts this on the defensive. Closes above 1462 are positive. Nasd…2840-45 now becomes our downside pivot. Closes above 2860 … Continue reading →

A.M. Look 9/20/12

Posted on 09/20/2012

USD/JPY…79.22 will be our macro pivot. ( App 126.40 Futures). Look for this level to run the Yen crosses against the Commodity Currencies. Use the crosses as the general risk tools they’ve been all year. CAD/JPY…AUD/JPY up, it’s Risk On. … Continue reading →

A.M. Look 9/19/20

Posted on 09/19/2012

Soybeans (X)…closes below 1640 will lead to another swing down. Above 16.70 we’ll see some more strength Wheat…9 dollars will be pivotal. Corn…7.60 will be pivotal. Equity Indices…Futures expire tomorrow. We are in wait and see mode. 30 Yr. Bonds…need … Continue reading →

A.M. Look 9/14/12

Posted on 09/14/2012

AAPL…a close today over 682.48 is needed for an ORH week. Euro…is trying to complete the first major Fib swing on a 2 year look @ 131.50. GBP/USD…stops are over 163.05 tgting 164.20. EUR/JPY…102.54-86 CAD/JPY…sustaining and closing over 80.86 should … Continue reading →

Gold & Silver

Posted on 09/13/2012

1782-1800 …Gold 35.15-35……Silver Both are areas to not chase direction the first time up!

A.M. Look 9/13/12

Posted on 09/13/2012

Euro…129.95 + a few…131.46-50 GBP…162.37 is the April/May close we broke from. EUR/CHF…which has looked like a heart monitor on a corpse for the past 8 months, is attempting an ORH month with a close over 120.92. Last week was … Continue reading →