Moor Podcast Excerpts:
About Michael Moor’s Work: Moor Analytics produces technically based market analysis and actionable trading suggestions. Reports are sent to clients twice daily, pre-open and post close.
Go to MoorAnalytics.com for 2 weeks Gold, Oil, and Bitcoin reports free trial
Note: Michael puts out specific actionable trading levels twice daily for Gold, the whole Oil complex, S&P 500 and Bitcoin. If you are a serious technical and/or day-trader type we recommend his work without reservation. Go here
Possible Trades
Micro: neutral
Macro: Neutral-Bullish
Secular: Bullish
We are now Macro Bullish for the following reasons:
There is a buyer as we thought the last few days who remains unfilled so far
The dollar correlation is not holding again, indicating someone wants the gold
Michael Moor’s Bearish structure just got put on Hold again
On our Radar: If 1970 holds on a daily (intraday prices..we use Michael’s levels) close. $2030 should not be a problem with an eye on $2080 in Gold.
We are currently flat looking for an intraday buy-signal that we take home if it is a winner over the weekend
