Precious Metals Market Comments
by Mike Daly, PFGBEST
1-877-294-4669
mdaly@PFGBEST.com
Friday, May 18, 2012 at 5:54 AM\
Gold Settles $38.40 Higher … ($1574.90)
Today’s June Gold futures rebounded from four straight losing sessions and traded a robust $41.40 range. The Gold futures held a very key support level between $1520.00 and $1525.00
this coupled with the news from the FOMC April meeting [...]
Precious Metals Market Comments
by Mike Daly, PFGBEST
1-877-294-4669
mdaly@PFGBEST.com
Tuesday, May 15, 2012 at 2:06 PM\
Gold Settles $3.90 Lower … ($1557.10)
Today’s June Gold futures covered a choppy and volatile $17.60 range as traders and investors alike are watching the chaos in Greece as the political uncertainty continues to pressure the Euro currency as well as the region. Greece’s [...]
Precious Metals Market Comments
by Mike Daly, PFGBEST
1-877-294-4669
mdaly@PFGBEST.com
Tuesday, May 15, 2012 at 4:26 AM\
Gold Settles $23.00 Lower … ($1561.00)
Today’s June Gold futures traded a volatile and choppy $35.80 range as a Greek political stalemate raises tensions within the European Union. Unable to reach a reach an agreement on forming a new government Greece is on the [...]
Precious Metals Market Comments
by Mike Daly, PFGBEST
1-877-294-4669
mdaly@PFGBEST.com
Monday, May 14, 2012 at 2:02 PM\
Gold Settles $23.00 Lower … ($1561.00)
Today’s June Gold futures traded a volatile and choppy $35.80 range as a Greek political stalemate raises tensions within the European Union. Unable to reach a reach an agreement on forming a new government Greece is on the [...]
Precious Metals Market Comments
by Mike Daly, PFGBEST
1-877-294-4669
mdaly@PFGBEST.com
Thursday, May 10, 2012 at 2:11 PM
Gold Settles $1.30 Higher … ($1595.50)
Today’s June Gold futures traded a quiet $17.20 range as global investors and traders alike remained tentative and viewed U.S Economic data and another European Union debt crisis reprieve as Greece will keep their funding until political election [...]
Precious Metals Market Comments
by Mike Daly, PFGBEST
1-877-294-4669
mdaly@PFGBEST.com
Wednesday, May 09, 2012 at 3:03 PM
Gold Settles $10.30 Lower … ($1594.20)
Today’s June Gold futures traded a choppy and volatile $28.50 range and settling under $1600.00 per ounce for the first time since December 30th. Today’s volatility was attributed to concerns over Greek politician’s inability to form a new [...]
Precious Metals Market Comments
by Mike Daly, PFGBEST
1-877-294-4669
mdaly@PFGBEST.com
Tuesday, May 08, 2012 at 2:19 PM
Gold Settles $34.60 Lower … ($1604.50)
Today’s June Gold futures traded a choppy and volatile $44.00 range as investors and traders alike react to the latest European Union debt crisis. Today’s day session traded a low of $1595.50 a level it has not seen [...]
Precious Metals Market Comments
by Mike Daly, PFGBEST
1-877-294-4669
mdaly@PFGBEST.com
Wednesday, May 02, 2012 at 2:05 PM
Gold Settles $8.40 Lower … ($1654.00)
Today’s June Gold Futures traded a quiet $17.90 range as traders and investors alike are awaiting tomorrow’s economic data prior to choosing their trading strategies. Today’s sell-off was due primarily to U. S Dollar strength versus a weaker [...]
Precious Metals Market Comments
by Mike Daly, PFGBEST
1-877-294-4669
mdaly@PFGBEST.com
Tuesday, May 01, 2012 at 2:05 PM
Gold Settles $1.80 Lower … ($1662.40)
Today’s June Gold futures traded a quiet $14.80 range as much of Europe and Asia celebrates the May Day holiday. The June contract traded as high as $1672.20 and as low as $1657.50 as traders may be sidelined [...]
Precious Metals Market Comments
by Mike Daly, PFGBEST
1-877-294-4669
mdaly@PFGBEST.com
Monday, April 30, 2012 at 2:03 PM
Gold Settles .60 Cents Lower … ($1664.20)
Today’s June Gold traded a very choppy and volatile $21.40 range. However, the range was very technical as the market traded between my 1st resistance and 2nd support levels.
Today’s gold market opened at $1663.00 and almost instantly [...]