Showing posts with label silver intraday. Show all posts
Showing posts with label silver intraday. Show all posts

03 December 2016

November Intraday Price Averages for Gold and Silver - Pictures In an Exhibition


"Pardon one offence, and you encourage the commission of many."

Publilius Syrus


“And the banks - hard to believe in a time when we're facing a banking crisis that many of the banks created - are still the most powerful lobby on Capitol Hill. And they frankly own the place.”

Dick Durbin, US Senator From Illinois


"And there is a kind of an 'ok guys, you're mad, how are you going to stop me' mentality at the top."

Robert Johnson, economist



13 December 2015

Gold and Silver Daily Trading Patterns For November 2015


Does anyone see a marked daily pattern in the precious metals for the month of November?

What a surprise!


These charts are from Nick Laird at goldchartsrus.com



02 March 2015

Nine Out of Ten Non-Regulators MIght See a Trend In Intraday Precious Metal Trading


'What is truth?' said jesting Pilate, and would not stay for the answer.

Francis Bacon

Here are the intra-day averages for the price of gold and silver for February.
 
Can you detect any pattern intraday? 
 
There does seem to be a pronounced pattern associated with the geographic location of the primary trading market's time zone.
 
As the dissembling Winnie the Pooh said to the angry nest of bees, 'I'm only a little black rain cloud,  pay no attention to me.'
 
Tut tut, looks like rain.
 
Storms gathering on the horizon.  Better get more buckets for the bucket shop.
 
 


Charts courtesy of Nick Laird at Sharelynx.com.



24 August 2010

Gold and Silver Go Vertical Intraday


Gold and silver spot prices went straight up in a 'flight to quality' on the news from Goldman Sachs that the Fed will have to engage in substantial quantative easing. This analysis received a boost by a much worse than expected existing home sales number, with 3.83 million units sold versus 4.72 million expected.

So the squid threw a rock in the pond ahead of Thursday's precious metals option expiration on the Comex, and caught many traders offsides in what was expected to be the usual 'skin the specs' easy money trade. As the metals market rig starts crumbling look for more players to break ranks and start taking chunks out of the bullion bank elephants for themselves.

Gold Chart Intraday



Silver Chart Intraday