Dear Friends,
Please see the following charts for a view of the Dollar along with some assorted charts of interest.
I have also included the COT charts for both the US Dollar and Comex Gold.
For gold, there is not much of interest this week other than the fact that the Swap Dealers were the big sellers with [...]

Dear CIGAs,
The move lower in gold today was attributed to easing concerns over Greece and consequently Europe in general which led some to move back into the Euro and out of gold as fears subsided and safe haven trades were reversed. The thinking among some is that the worst is over in Europe and that [...]

Click chart to enlarge today’s hourly action in Gold in PDF format with commentary from Trader Dan Norcini

Click chart to enlarge today’s hourly action in Gold in PDF format with commentary from Trader Dan Norcini

Dear CIGAs,
Gold put in an impressive performance today from where I sit battling back from a barrage of selling linked to the ridiculous story circulating around the market today that China was not interested in buying gold. That initially emboldened the raiders at the Comex and sent the lemmings packing and heading for the hills [...]