Premium Pre-Market Report 10.09.13

Gold Futures (GCZ3) Short Term Gold put in a spike high at 1323.30 early this morning and then broke below the 1316.50 pivot, sending prices into a steady decline down …

Premium CL 09.20.13

Wow, the 108.15 level was huge. I knew it was a big level to watch, but the rejection that we saw off this level yesterday was simply fantastic, as Crude has already moved about 3 points off this level as of this morning after breaking through 107.20 support.

Premium GC 09.20.13

As we expected, Gold digested Wednesday’s gains during Thursday’s session, trading in a smaller range from 1358 to 1375 throughout much of the day. After compression, you get expansion. After price expansion, get get compression. Right now, Gold is compressing ahead of the next move.