Tag Archives: Gold
A.M. Look 8/26/11
The past 2 days have given us some massive contra-trend price action. Action that has all the pundits on CNBC screaming that the sky is falling in the metals. This is why CNBCshould be viewed with the T.V. always on … Continue reading
Gold & Silver…Pattern Alert
We’ve put in outside reversal days to the downside, now we have to see if an outside reversal week is in the cards. Gold has to close below 1736.25 and Silver 39.11 Pit session! The all session #’s are 1730.50 … Continue reading
A.M. Look 8/25/11
The PAC boys and the rest of the vultures are circling Jackson Hole. This should be another day filled with something for everyone. Rumors and innuendo should keep trading lively all day. This market is a day traders paradise. Today … Continue reading
A.M. Look 8/17/11
Today will be another very technical day of trading the stock indices and the bonds. In currency land the Swiss Franc is of most interest. Last night it made another attempt to breech 80 USD/CHF. Closing over this level would signal … Continue reading
A.M. Look 8/12/11
Today will be another price action day. The overnight low in the Spu was a natural retest to the downside from a major technical resistance level. So far the re-test held. Now we will wait to see how the market … Continue reading