Category Archives: Trader Dan’s Market Views

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

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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

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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

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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

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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

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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

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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

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