The USD strength recently (>50MA) will be interesting to see how well it holds. Seems reasonable to think that a big part of that up swing was EURO weakness.
A couple Q's for you Dan if you have some time? The charting software you use (eSignal?), do you like it? It's nice to see volume. Do you know of any other publis sites that offer volume on the gold/silver futures? Regarding price support/resistance levels; Do you try to calculate and/or do you have a way of calculating what the strength of those levels are?
Listen to the Louise Yamada interview on King World News, Joe. Louise is a legendary technical analyst.. If I recall she has a initial 60 target. I anticipate this to be a possibility too once the USDX breaks 70.70 , the all time low since the index was created.
Great interview as always TD! Thanks for all you do.
ReplyDeleteThanks for that.
ReplyDeleteThe USD strength recently (>50MA) will be interesting to see how well it holds.
Seems reasonable to think that a big part of that up swing was EURO weakness.
A couple Q's for you Dan if you have some time?
The charting software you use (eSignal?), do you like it? It's nice to see volume.
Do you know of any other publis sites that offer volume on the gold/silver futures?
Regarding price support/resistance levels; Do you try to calculate and/or do you have a way of calculating what the strength of those levels are?
Thanks
What are the targets for the USD once it does break below 70?
ReplyDeleteKick ass show man. thank you!!
ReplyDeleteListen to the Louise Yamada interview on King World News, Joe. Louise is a legendary technical analyst.. If I recall she has a initial 60 target. I anticipate this to be a possibility too once the USDX breaks 70.70 , the all time low since the index was created.