Trader Dan's Market Views

Market Insights and News

Tuesday, May 17, 2011

XAU attempting to bottom

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The XAU and the HUI are both showing some good resilience at these levels. Three times over the last 4 trading sessions the XAU has bounced ...
8 comments:

Gold - 4 Hour chart update

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Gold is rangebound as is silver as it continues to attract buying on forays down towards $1480 and below. It has resistance at the top of it...
1 comment:

Silver - 4 hour chart

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Silver has bounced off of support down near $33 once again and is moving higher at this hour. Thus far it is reinforcing that level as good ...

Ron Paul proposes that the US sell gold to pay its debt

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Those of you out there who believe that Ron Paul can do no wrong, would be well advised to read his comments proposing that the US sell some...
47 comments:

Is a Deflationary Mindset creeping back in?

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Take a look at the following four charts and judge for yourself. First - the overall Commodity Complex as illustrated by the CCI (Continuo...
13 comments:
Monday, May 16, 2011

Gold still rangebound

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Gold is still running into selling above the $1500 level. If the bottom of the recent range is to stay intact, it will need to encounter goo...
2 comments:

Silver Fails to hold at $34

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Silver has been finding good quality buying every time is has dipped below $34 over the last couple of weeks. This afternoon it crashed thro...
6 comments:
Saturday, May 14, 2011

Trader Dan on King World News Weekly Metals Wrap

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Please click on the following link to listen to my regularly weekly radio interview with Eric King of King World News on the Weekly Metals W...
4 comments:
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About Me

Trader Dan
Dan Norcini is a professional off-the-floor commodities trader bringing more than 20 years experience in the markets to provide a trader’s insight and commentary on the day’s price action. His editorial contributions and supporting technical analysis charts cover a broad range of tradable entities including the precious metals and foreign exchange markets as well as the broader commodity world. He is a frequent contributor to both Reuters and Dow Jones as a market analyst for the livestock sector and can be on occasion be found as a source in the Wall Street Journal’s commodities section as well as CBS Marketwatch where his views on the gold market can often be found. He is also an avid beekeeper.
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