Trader Dan's Market Views

Market Insights and News

Friday, September 2, 2011

Gold - 4 Hour chart update

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Gold has solidly taken out resistance centered near $1840 - $1845 and has now moved directly to the next level of chart resistance near $188...
3 comments:

Markets continue to Beg Bernanke for more Jelly Beans

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By now you have all learned about the absymal payrolls number. What more can be said at this point except for the fact that the current Admi...
9 comments:
Wednesday, August 31, 2011

Monthly Gold Charts - August 2011

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What an impressive performance by Ol' Yeller for the month of August! Note that Gold has bettered the all time high CLOSING price on an ...
15 comments:

Gold marking time

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Gold has been relatively quiet after the extreme volatility of recent days, a very welcome development. You can note the declining trend in ...
7 comments:
Saturday, August 27, 2011

Trader Dan on King World News Weekly Metals Wrap

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Please click on the following link to tune in to my regular weekly radio interview with Eric King on the King World News Weekly Metals Wrap....
2 comments:
Friday, August 26, 2011

Silver - Daily Chart notes

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Silver has thus far held solidly at the intersection of three major chart support levels detailed on the following chart. Horizontal support...
2 comments:

4 Hour Gold Chart

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Trying to explain the reasons for the price action in the markets today is an exercise in futility as there are far too many cross currents ...
5 comments:
Wednesday, August 24, 2011

HUI once again retreats below 580

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Watching this game being played by the shorts in the mining shares as they attempt to extricate themselves from their rather tenuous short p...
8 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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