Post by
Teakbois on Oct 09, 2020 12:17pm
Todays trading..........
For gold 1921 is the line in the sand. This is the 4th try. 1960 is the next resistance level. A break out above that will bring in all the momo players.
Comment by
Teakbois on Oct 09, 2020 2:06pm
Momentum in the pm markets has come to a screeching halt as gold trades in an $8 range for the last 4 hours. Trading volume in the pm shares has dropped considerably. Prices managing to hold near the highs of the day. The dollar is at its low for the day. If it stays at that level there could be some more upside into the close. The US markets will remain open for the holiday on Monday.
Comment by
Teakbois on Oct 12, 2020 11:49am
Today is definitely not the day to do any buying. Because the Canadian markets are closed, the spreads on mining stocks trading in the US are outrageous. Here's a couple of examples.... GPG bid .30 ask .38 FVL bid .81 ask .8895