Tag Archives: Gold
A.M. look 6/18/21
Yesterday saw what happens to fundamental traders that know where the market is supposed to be. They were massively rinsed because they do not use stops. Their stop is when a PM taps them out. Soybeans and Wheat Put in … Continue reading
A.M. Look 6/17/21
Spoos held last night! Using the 50X3 for risk management. First chart is June 25X3. Sept must close above 4196 which is the continuation weekly ORL. FX; Dollar bid is bigger than I would’ve thought. Gold has completed a 50% retrace … Continue reading
A.M. Look 6/15/21
Lots of data today Canadian Dollar Futures Expiration Spoos inch closer to its target. Gold is all about its 200 DMA ” yesterday’s low” Gold/Suisse held. GoldinYuan has held weekly support. Oil… 70 is the 200 MMA. It will be … Continue reading
A.M. Look 6/11/21
Energy looks to extend. Software companies had lots of positive patterns yesterday. Copper will need to maintain above its 50 DMA to stay positive. It’s Friday. Index traders should look for an early flow and then another wiggle very late … Continue reading
Daily Market Intelligence 6/11/21
Daily Market Intelligence 6:11:21
A.M. Look 6/10/21
I’m looking for an interest rate driven morning. I spent time speaking to Gold not being favorable on the spreads for upside follow through. Today is as good a day as any to put in an extreme. 1860’s or the … Continue reading
Daily Market Intelligence 6/8/21
Daily Market Intelligence 6:8:21
A.M. look 6/7/21
European debt rollover is upon us. Do not get fooled into selling and or selling weakness in treasuries. Indices are not doing anything. Spoo’s will take a 4212.50 print for back and fill. Prints into the high 30’s or low … Continue reading
Daily Market Intelligence 6/7/21
Daily Market Intelligence 6:7:21
A.M.. Look 6/4/21
Gold…last night’s low @ its 50 WMA is a descent hold #. 1873.20 is the weekly ORL # where Gold has been hovering around waiting for payrolls. Crypto is down which is generally supportive Gold. Copper is above its weekly … Continue reading