Monday, October 24, 2011

Let's Play "Guess a Chart"

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Take a look at the following TWO charts and see if you can notice how similar the two of them are. You can tell that both charts, while no...
12 comments:
Saturday, October 22, 2011

Trader Dan on King World News Weekly Metals Wrap

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Please click on the following link to listen to my regular weekly radio interview with Eric King on the KWN Weekly Metals Wrap. http://tin...
2 comments:
Thursday, October 20, 2011

Fed's Balance Sheet not growing but not shrinking much either

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Take a quick look at the chart below to get a sense of what is taking place as a result of the cessation of the Fed's QE2 program and th...
4 comments:

Another down day for the Metals

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Both gold and silver continue to move lower and towards the bottom of their trading ranges. In the case of gold it dropped through $1620 and...
6 comments:
Wednesday, October 19, 2011

Gold fails at the upper end of its trading range - moves lower

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Once again, the $1680 level has proved to be too high a mountain for the gold bulls to climb.Having failed there the previous trading sessio...
11 comments:
Monday, October 17, 2011

Same Play - Different Act

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Gold has once again failed to sustain its footing for any length of time above the critical $1680 resistance level. Last Friday it managed t...
14 comments:
Saturday, October 15, 2011

Trader Dan on King World News Weekly Metals Wrap

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Please click on the following link to listen in to my regular weekly radio interview with Eric King on the KWN Weekly Metals Wrap. http://...
2 comments:
Friday, October 14, 2011

US Dollar getting hit hard as "safe haven" trades are being unwound

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Over the last 5-6 weeks, as fears spread regarding the European debt crisis and the resultant impact on the large banks over that way, hedge...
6 comments: