Weekly take on Gold, the Dollar, and Oil – 10/20/14

My latest notes to @cnbcSri and the @cnbcworld team, (Analysis sent: Sun, OCT 19 for week ending 10/24/14) DOLLAR: BULLISH Holding that support above 85, as well, putting in a higher low for the week, sticking with theme – “Dollar goes Higher”.  Market volatility exploded over the last few weeks, and seemed to settle in Thursday-Friday.  That dollar spike had … Continue reading

Weekly take on Gold, the Dollar, and Oil

(Analysis sent: Sunday, 9/21/2014) My latest notes to @cnbcSri and the @cnbcworld team, GOLD: BEARISH Still no change in the major reasons for gold to continue lower, looking for that 1180 level to stir up some major interest. OverSold levels on Gold are extreme, they can stay, but also look to turn out of that trend in the near … Continue reading

Weekly take on Gold, the Dollar, and Oil (9/7/14)

My latest notes to @cnbcSri and the @cnbcworld team, GOLD:  BEARISH Holding the fort down on Gold, looking for 1244 to come into play this week – support from early June, as well as a Fibonacci 78 level.  I think we break this support and spend some time around 1180-1200. OIL: BULLISH Finding clear support above 92, hitting … Continue reading

Weekly take on Gold, the Dollar, and Oil

(Analysis sent: Sun, July 27th) My latest notes to @cnbcSri and the @cnbcworld team. GOLD: BEARISH – Finding support spot on its 50 day does bode ok for the metal, for now.  Gold is currently trading at 1306, matching up with a 50% Fibonacci level, using 1180 from back in June of 2013, and the high of 1417 from … Continue reading

Weekly take on Gold, the Dollar, and Oil

(Analysis sent: Sun, June 22, 2014) My latest weekly notes to @cnbcSri and the @cnbcworld team, GOLD – Neutral What a rally last week, broke above the 50 of 1284 and didn’t look back. Without much Geo catalyst, and def. not a need for the market hedge currently, do not see this rally sustaining (thinking it was more a … Continue reading

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