Senior Trader Daily Update 18 July 2017

Good morning everyone.
 
Friday’s weak US CPI (+1.6% Y-oY) & Retail Sales data releases saw XAU/USD finally reclaim the technically significant 200 Day moving average, as pr...

18 July 2017

Senior Trader Daily Update 10 July 2017

Good morning everyone and I trust you enjoyed your weekend.
 
We are running a little lean here this week, so apologies for the morning wrap coming through as a midday wrap today (and...

10 July 2017

Senior Trader Daily Update 07 July 2017

Good morning everyone and happy Friday!
 
A good day for range-traders as the precious metals chopped around / consolidated on Thursday, managing to retain the bulk of recent gains by...

07 July 2017

Senior Trader Daily Update 06 July 2017

Good morning everyone.
 
As noted in Tuesdays commentary, geopolitical developments can change market sentiment rapidly and with the newswires broadcasting the following headlines dur...

06 July 2017

Senior Trader Daily Update 05 July 2017

Good morning everyone.
 
Very little to comment on due to the Independence Day holiday in the US overnight, other than to make note of the sharp bounce in XAU/AUD yesterday during Far...

05 July 2017

Senior Trader Daily Update 04 July 2017

Good morning everyone.
 
The DJIA posted a record high overnight ahead of the Independence Day holiday in the US and the Greenback rallied strongly against the majors (EUR, JPY etc). ...

04 July 2017

Senior Trader Daily Update 03 July 2017

Good morning everyone. I trust it was a pleasant weekend.
 
Precious metals continued back-pedalling on Friday. The looming Independence Day holiday in the US tomorrow, as well as a g...

03 July 2017

Senior Trader Daily Update 30 June 2017

Good morning everyone and Happy Friday!
 
Precious metals values remained on the backfoot with the normally supportive US dollar weakness factor, taking a back seat to general US equi...

03 July 2017

Senior Trader Daily Update 27 June 2017

Good morning everyone.
 
There is no rhyme, reason nor logic behind the ‘clip’ of gold that was forced through the COMEX / CME August Gold Futures contract between 9....

27 June 2017

Senior Trader Daily Update 26 June 2017

Good morning everyone. I trust you enjoyed your weekend.
 
Gold and silver closed out last week on a somewhat buoyant note, a weaker Greenback providing a boost but arguably, more lik...

26 June 2017

Senior Trader Daily Update 23 June 2017

Good morning everyone and happy Friday.

Tales of the feted Japanese swordsman Miyamoto Musashi (1584 – 1645) often recount how the Ronin had the ability to defeat reputable foes usi...

23 June 2017

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