03 July 2013

Gold Daily and Silver Weekly Charts - Light Holiday Technical Trade


Gold and silver traded in very light holiday trade as most US markets closed early for the national holiday. Comex electronic trading keeps regular hours as I recall, but in very light volume. The adults have all gone to their holiday homes.

The mouthpieces for the hedge funds and bank trading desks are out and about, so we *might* get another gut check test in the metals as they overstay their piggish shorts. Non-Farm payrolls is on Friday.

Keep in mind that there are campaigns of distortion involving the talking heads and puffed up pundits that are a sad but very present part of a corrupted market and price manipulation. They have no shame.





SP 500 and NDX Futures Daily Charts


The US markets closed early in a light holiday trade that was largely technical.

I think if the financiers could see their future they would wish that the mountains would fall on them now to hide their shame.




02 July 2013

Gold Daily and Silver Weekly Charts


The rhetoric is getting a bit thick.

Talk is cheap. Stand and deliver.



SP 500 and NDX Futures Daily Charts


Quiet trading with a slight upward drift as expected.