Tag Archives: Gold
A.M. Look 1/27/11
Monty Hall here. Pick your doors wisely today. EUR/JPY…..113.90 is a big closing area in this cross matching EUR/CHF…..129.50….Only sustained price action above these levels will lead to more short term Euro strength. Silver, Gold, and Oil all went up … Continue reading
A.M. Look 1/24/11
Spu,Gold,& Silver have all probed both sides of the market last night. The Euro is in a near term support zone. It seems way too early to pick a side without further price action. Be patient and let the day … Continue reading
Price Action
You’ve got some pretty interesting mid-week extremes going on. The present flows can maintain direction into no man’s land, after London’s close and thru New York’s lunch time. Then we’ll see if the U.S. buys the stocks back up later … Continue reading
A.M. Look 1/18/11
The Euro areas are well defined, 132.50 below and 134.40 ish on top. Price action above 134.40 will lead to further gains. The Sterling has exceeded it’s 1st upside tgt of 160. Only a couple of closes over 161.70 will … Continue reading
Gold….GlD….Silver…SLV
The metals are failing. Dr. Nenner’s high could be coming early. A close below the following levels today should have you out of any remaining residual longs. Those who kept that last 30% to see if we’d go back to … Continue reading
A.M. Look 1/10/11
I do not see much to do this a.m. Let the day unfold. The Silver needs price action over last night’s high to show new strength while Gold keeps rejecting 1378. The March Soybeans are back to the 1350-60 level. … Continue reading
A.M. Look 1/7/11
Our bets have been placed. Hopefully, you longer term investors took down most of your “risk on” exposure. The stops have all been paid for across all asset classes that we are involved in. Leave all your closing stops working … Continue reading