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 Market Wrap 09.18.13
Whoa! Now THAT was a great Fed day! While all markets rallied big (except the Dollar Index), Gold had BY FAR the biggest day. Last night I wrote that I thought we’d see a major breakout opportunity in Gold, but I was leaning more to the downside. However, Gold took out the 1324 level that was important for the bulls, which ultimately paved the way to a massive 76-point rally.
Premium Market Wrap 09.11.13
Gold has been unusually quiet lately, but could be on the verge of a major breakout opportunity soon, as early as tonight. Crude continues to sit on major support and also formed an extremely narrow range today, which could provide some fuel for a solid breakout.