Dan Norcini

Contributor since: 26 Feb 2010

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• Currency Markets Anticipating a Rate Hike Next Week

  Published 09 December 2015 | viewed 0 times

  Watching the price action in the currency markets it is becoming clearer to me that the Forex crowd has now moved beyond any expected rate…

• Gold - Weekly Reversal: This is IT!

  Published 05 December 2015 | viewed 0 times

  In watching the short squeeze taking place in the gold market this AM, I am noticing that the push higher is creating a WEEKLY UPSIDE…

• Gold Capitulation?

  Published 03 December 2015 | viewed 0 times

  The technical charts on gold are suggesting the start of a fresh leg lower in price. The loss of chart support near the $1075-$1070 level,…

• Silver COT Update and More

  Published 24 November 2015 | viewed 0 times

  Silver cracked the $14 level in today's session but managed to recover prior to the close. Some of the recovery was aided by the retreat…

• Gold Stocks Buckle

  Published 18 November 2015 | viewed 0 times

  There is absolutely nothing good that can be said about the mining stocks at this point. Then again, there has been little good to say…

• Gold Hovering Above Support

  Published 17 November 2015 | viewed 0 times

  Originally published November 16, 2015, 10:48 pm. Just as the Euro is hanging by a thread above its chart support zone, so too is gold…

• Day Follows Night: Gold Follows US Bonds

  Published 04 November 2015 | viewed 0 times

  For the same reason as the Euro was sharply lower today, so was gold, namely, a hawkish Yellen testimony in which see used the words,…

• Sea Change in the Fed Swamps Gold

  Published 28 October 2015 | viewed 0 times

  WOW! I know no other way of saying it than to say that the Fed took everyone by surprise. I certainly did not expect this…

• Bye, Bye Euro

  Published 22 October 2015 | viewed 0 times

  So how does it fell Mr. Euro to get smacked upside the head by your supposed caretaker? Mario Draghi must be taking lessons from the…

• Gold Holdings in GLD Continue to Climb

  Published 16 October 2015 | viewed 0 times

  A quick update on GLD for the readers and by request... GLD reported another nice build in reported gold holdings today - about 5 tons.…

• New Hedge Fund Buying Enters Crude Oil Market

  Published 11 October 2015 | viewed 0 times

  First, let's start with an updated chart of the WTI Crude oil. Larger Image Crude has been in a range for most of the month…

• A Rally in Gold: The Bottom is In?

  Published 21 September 2015 | viewed 0 times

  As mentioned in an earlier post this morning, the TRIPLE THREE safe havens, the Yen, Bonds and Gold, are all getting a boost in today's…

• Gold Short Term Bottom?

  Published 13 September 2015 | viewed 0 times

  Maybe - based on today's price action in both the metal and in the mining shares (HUI) but only short term. The shares were actually…

• Tracking Investor Sentiment with Credit Spreads

  Published 06 September 2015 | viewed 0 times

  Long time readers of this site are aware that successful traders/investors learn how to read market sentiment. Positioning yourself on the correct side of a…

• Gold Rally Marked by Short Covering

  Published 30 August 2015 | viewed 0 times

  If there was ever any doubt that the majority of buying by the hedge fund category in the gold market over the past 3-4 weeks…

• Chinese Medicine Not Impressing Dr Copper

  Published 27 August 2015 | viewed 0 times

  Dr. Copper apparently does not approve of the prescription ordered by the Chinese authorities to stem the slowdown in that nation, namely another 25 basis…

• Energy Markets and Jobs Disintegrating

  Published 19 August 2015 | viewed 0 times

  The US Energy Information Administration released their weekly data this morning as usual. The reaction to the data from crude oil was anything but the…

• Gold, No Interest!

  Published 18 August 2015 | viewed 0 times

  Stronger than expected US retail sales data undercut some of the recent safe haven trades (buying bonds, the yen and gold) sending all three lower…

• Gold at a Crossroads

  Published 13 August 2015 | viewed 0 times

  Gold has had a nice run off the Chinese yuan devaluation news with short covering the dominant reason behind the buying. Markets that have a…

• Commodity Slump Signals Slow Growth Outlook

  Published 02 August 2015 | viewed 0 times

  In my opinion, the surest method for ascertaining what the sentiment is towards overall global economic growth prospects is the commodity sector performance. When sentiment…