Category Archives: USD

Dan Norcini: Gold clears initial resistance hurdle

Gold clears initial resistance hurdle by Trader Dan There has been a band of overhead chart resistance centered between $1630 – $1620 that has been keeping gold in check for the last few weeks. Gold has been probing this level … Continue reading

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Dan Norcini: Swissie Gold and Euro Gold setting all time highs

Swissie Gold and Euro Gold setting all time highs by Trader Dan US based analysts continue to approach the gold market with blinders on as they focus exclusively on the US Dollar price of Gold and draw all their views … Continue reading

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Dan Norcini: Uptrending Channel is beginning to steepen for Gold

Uptrending Channel is beginning to steepen for Gold by Trader Dan Since late 2008, gold has been rising in a strong and steady fashion within the confines of a channel that I have marked out on the weekly price chart. … Continue reading

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Dan Norcini: Weekly Gold Chart – longer term view

Weekly Gold Chart – longer term view by Trader Dan Excuse me for the lack of posts this week thus far but Trader Dan has been staying quite busy of late and has not been able to keep all the … 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 Breaks Out

Gold breaks out; ready to take on its all time high by Trader Dan Judging from the price action in gold, it seems as if all three factors that are currently driving this market are gelling together into one powerful … Continue reading

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