Trader Dan's Market Views

Market Insights and News

Friday, December 30, 2011

Monthly Gold Charts - December 2011

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Silver ends DOWN on the Year

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First of all I would like to publicly thank one  of my readers, "Silverwood", for noting that I erroneously reported in an earlier...
4 comments:

Thankful for Gas Shale

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One of these days the politicians are going to wake up and realize that America is sitting on so much natural gas that we could kiss the Mid...
7 comments:

US Dollar looks to squeak out a Winning Year

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The Dollar is being sold down today in the year's last trading session as bulls book profits and window dress their accounts after the n...
2 comments:
Thursday, December 29, 2011

Gold Daily Chart

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Gold, as with Silver, managed to bounce right where it needed to in order to prevent a deeper drop. It uncovered buying down near the $1,535...
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Silver holding at critical $26 level

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Silver has been the on the receiving end of the risk aversion trades and as noted in a previous post has been badly lagging gold in terms of...
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Commodity Complex heading for a Losing Year

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During the outburst of "Liquidfidous" ( a response induced by overexposure to Central Bank created liquidity), the commodity compl...
Wednesday, December 28, 2011

Silver unable to sustain price rallies

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Silver has become the victim of the deflationary mindset trade with RISK AVERSION leading to a significant outflow of speculative money from...
3 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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