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Category Archives: Dan Norcini
Dan Norcini:
Gold encountering resistance near $1780 by Trader Dan Based on what we have seen in the price action the last few trading sessions, gold is having some difficulty convincingly clearing the level near $1780. That has now formed as a … Continue reading
Posted in Dan Norcini, Gold, Technical Analysis, Trader Dan's Market Views
2 Comments
Dan Norcini: 25 Jan Gold
Gold Chart – Updated by Trader Dan Gold shattered overhead resistance near $1680 and has continued higher as momentum based buying is coming in driving out panicked shorts who were hoping for a halt in the advance to occur as the … Continue reading
Dan Norcini: Gold encountering resistance near $1650
Gold encountering resistance near $1650 by Trader Dan Gold bulls have performed admirably since the last few trading days of 2011 having taken the gold price up over $100 since that time period. The rally has been very impressive, especially … Continue reading
Dan Norcini: Gold Breaking down out of its triangle formation
I agree 100% with Trader Dan. A failure here puts $1600 and the 200 day moving average into play. The 200 day moving average is a rare event and I will tap all credit lines to buy at that level. … Continue reading
Dan Norcini: Gold loses battle for $1750- needs to push through $1765
Gold loses battle for $1750- needs to push through $1765 by Trader Dan The failure by Ol’ Yeller to extend past $1750 has tripped some of the shorter term technical indicators into a sell mode. As you can from looking … Continue reading
Dan Norcini: Rising Prices just a Figment of Our Imaginations
Rising Prices just a Figment of Our Imaginations by Trader Dan JACOB MARLEY: Why do you doubt your senses? SCROOGE: Because, a little thing affects them. slight disorder of the stomach makes them cheats. You may be an undigested bit … Continue reading
Dan Norcini: Gold 07 Nov
Euro Gold within 70 euros of its all time high by Trader Dan Gold when priced in terms of the Euro is showing great strength continuing to track higher ever since it found buying support at the 61.8% Fibonacci Retracement … Continue reading
Dan Norcini: Fallout from QE – Rising Meat Prices
You wont see soaring meat prices show up in the CPI because food is too “volatile” to be included in such an important measure of inflation. Yeah right. Same goes for energy such as gasoline, too volatile. The Fed shows … Continue reading
Dan Norcini: Gold hits resistance at $1720; holding gains
Gold hits resistance at $1720; holding gains by Trader Dan Gold has run exactly to the projected resistance level on the charts, backed off a bit, and then encountered additional buying which is keeping it well supported at the current … Continue reading
Dan Norcini: Gold Breaks out
Gold Breaks out by Trader Dan Gold bulls finally managed to beat back the line of defense erected by the perma shorts at the Comex in today’s session as safe haven buying came into gold from all quarters early in … Continue reading
The Matrix Sentry 
