Category Archives: Dan Norcini Silver Analysis

Dan Norcini: Silver Analysis

Silver Chart by Trader Dan Silver was whacked along with gold in today’s session as technical selling kicked in after the takedown began once it appeared that the run to $44 would fail to build on its gains. After $42 … Continue reading

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Dan Norcini: Bond Market shrugs off S&P downgrade – Equities reel and Commodities get sold

Bond Market shrugs off S&P downgrade – Equities reel and Commodities get sold by Trader Dan The bond market has voted and given its assessment of the S&P downgrade of US long term debt  –  investors are not only willing … Continue reading

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Dan Norcini: Sellers dig in yesterday – Buyers dig in today

Sellers dig in yesterday – Buyers dig in today by Trader Dan Quite a battle royale is being waged at the current time in the gold market. The bullion banks are digging in at and above the $1600 level while … Continue reading

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Dan Norcini: Bernanke trying to walk back expectations for QE3

Bernanke trying to walk back expectations for QE3 by Trader Dan The past couple of days have seen the commodity markets wake up as hedge fund money flows have poured back into the sector with that community rightly interpreting the … Continue reading

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Dan Norcini: Gold now poised for a technical breakout to the upside

Gold now poised for a technical breakout to the upside by Trader Dan Sovereign debt fears out of the Euro Zone are filling investors’ minds with fear and trepidation as many believe a contagion effect is inevitable. News concerning Italy … Continue reading

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Dan Norcini: Gold and Silver – 19 May

4 Hour Gold Chart by Trader Dan Not much going on today (Thursday). A slow day with nothing having changed for gold which remains in its recent range. Ditto for Silver which is also working in a range with $36 … Continue reading

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Trader Dan on Gold and Silver – 16 May

Gold still rangebound by Trader Dan Gold is still running into selling above the $1500 level. If the bottom of the recent range is to stay intact, it will need to encounter good buying above $1480. If that were to … Continue reading

Posted in Dan Norcini, Dan Norcini Gold Analysis, Dan Norcini Silver Analysis, Gold, Silver, Technical Analysis, Trader Dan's Market Views | Leave a comment