Trader Dan's Market Views

Market Insights and News

Friday, June 21, 2013

Gold Bounces off Overnight Lows, but no Conviction

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Gold is putting in a "dead cat bounce" in today's session after setting a fresh low of $1268 in early Asian trading last eveni...
9 comments:
Thursday, June 20, 2013

CME Hiking Margins on Gold

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One look at the Gold Volatility Index is all we need to see to realize that the CME was hiking margins.... Initial margin for speculators ...
15 comments:

S&P 500 cracks 50 day moving average - Again

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Going back to last November's election, the S&P only remained below the 50 day moving average when there were TWO separate events th...
1 comment:

Monthly Gold Chart

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By request.... Note that this chart is based only on CLOSING prices for each month. I have included today's close as the price for Ju...
7 comments:

Gold Cost of Production

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There are various estimates out there that are being tossed out but the general consensus for most gold producers is somewhere between $1200...
4 comments:

Gold Crushed in Europe - Further Carnage in the US

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Europe wasted no time in responding to the Fed's comments when trading commenced over there as an avalanche of selling swamped over the ...
13 comments:
Wednesday, June 19, 2013

Bernanke Speaks; Gold Clocked

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The caption says it all - once the FOMC statement was released, followed by some comments from Fed Chairman Bernanke, that was all she wrote...
35 comments:
Saturday, June 15, 2013

Trader Dan Interviewed at King World News Markets and Metals Wrap

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Please click on the following link to listen in to my regular weekly radio interview with Eric King over at the KWN Markets and Metals Wrap....
20 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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