Welcome to the video update for Wednesday, December the 23rd. Remember the markets close early on Thursday due to the Christmas holiday. They will reopen Sunday evening for overnight trading. First two charts are the gold 900 tick and 300 tick charts. The 900 tick has a potential important fib level approaching and the 300 […]…
Welcome to the video update for Monday, December the 21st. First chart up is the gold weekly as there is little to say about the european weekly markets this week. See why there is no 9/30 setup. Note the support levels at the lower keltner and the rising 30wma as price approaches the buy zone. […]…
Welcome to the video update for Thursday, December the 17th. Quick reminder that Friday is roll day in the crude oil market so be sure to move to the February contract by the end of the day session trading day. First chart up is the daily ER chart where Trader Rick shows the common ab=cd […]…
Welcome to the video update for Monday, December the 14th. Don’t forget we have a FOMC meeting announcement at 2:15pm est this coming Wednesday. Trader Rick starts with the weekly gold chart where price is pulling back but not in to the buy zone yet. Support levels are provided in this update. Overhead targets are […]…
Welcome to the video update for Thursday, December the 10th. Trader Rick starts with the ever so volatile gold market where possible support levels are shown. No evidence of divergence on the weekly and price is not in the buy zone. Take a look at the 60 minute gold chart for more pinpoint support levels. […]…