Silver/JPY

Christopher Jordan, a former executive director and trader on JPMorgan’s precious metals desk, is pushing for his acquittal in a spoofing lawsuit. On January 30, 2023, the former Wall Street trader submitted a motion for a judgment of acquittal at the Illinois Northern District Court. The ex-trader claims that the trial evidence was insufficient for a ...

Gold markets have fallen initially during the trading session on Tuesday but found a lot of strength later in the day to turn around and form a massive hammer. This is a market that cannot fall for any significant amount of time, and any time it does start to fall, there are plenty of people willing to jump in and pick up “cheap gold.” The $1880 level ...