Goldtent TA Paradise

PM weakness

1. pedro_deleon says:

   January 12, 2016 - 2:17 pm at 2:17 pm

   “The weakness in the broad markets is telling at this juncture.”

   If you are watching hourly, daily or weekly charts … they are telling you to expect a rally.
   But if you are looking at longer term charts, they are warning that any rally you get will fail. How far they get before they do is the operative question.

   As for the PMs, we have folks here saying the better ones have solid fundamentals. Quite possibly true.
   But there is a trump card out there, in the form of rapidly evaporating global liquidity in a world that is already shorthanded on that front.
   The vultures are starting to circle.

2. Carolynsue says:

   January 13, 2016 - 7:00 am at 7:00 am

   I think these last few days or week have been about the BOYZ getting on the right side of the trade–long commodities–at the lowest price they can snag them at.