Trader Dan's Market Views

Market Insights and News

Thursday, November 21, 2013

CME lower Margins on both Gold and Silver

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As of the close of trading, this Friday, tomorrow, the CME Group[ will be lowering margin requirements for their flagship gold and silver co...
5 comments:

Some Good news for a Change

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The following story detailing a medical treatment for some of these new and extremely dangerous antibiotic resistant bacteria is most encour...
6 comments:

Crude Rally is drawing some buying into Gold

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Crude oil is currently experiencing a rather sharp rally as it is being led higher by the products, based on recent data suggesting the stee...
5 comments:

Venezuela Selling Gold?

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There is an interesting story from Dow Jones this morning mentioning Venezuelan newspapers reports about a swap deal between that country...
1 comment:
Wednesday, November 20, 2013

Longer Term view of Gold

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As mentioned in a previous post this month, gold has fallen below TWO key Fibonacci Retracement Levels of the entire bull market that began ...
21 comments:

FOMC Minutes Spooks Gold Bulls

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The release of the FOMC minutes this afternoon, contrary to my expectations, did contain segments that seemed to be a surprise to the market...
13 comments:

ECB to move to Negative Interest Rates

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Several news sources are reporting that the European Central Bank is considering moving to Negative Interest Rates in yet another attempt to...
34 comments:

Gold Crashes through Chart Support

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So much for quiet trading ahead of today's release of the FOMC minutes from their last meeting! Volume had just dried up with the market...
11 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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