Gold and silver are pushing up against resistance, gold at 1830 and silver at 22. The highest probability is a failure from these levels. In other words, this looks like a selling opportunity. There is […]
Gold and silver are now below some critical levels and are in the process of heading lower. This brings us to the question: are gold and silver breaking down? It is not that simple, but […]
The pressure is on, gold and silver continue to fail at resistance levels. On Thursday gold and silver rallied, failed, and headed lower again this morning. The metals are on pace to test major support […]
New day, more economic data, and still gold and silver can’t find buyers to support them. We often hear, precious metals are being manipulated and being pushed lower, however there is not enough volume and […]
Gold and Silver had another rough day on Tuesday; both attempted to rally only to fail once again. Gold and Silver closed below key technical support and both have rallied back to those levels this […]
Markets are always bringing new challenges or so it appears. The bottom line: the patterns continue to repeat from different levels. At the end of the day, all charts are the same, patterns repeat, and […]
As we look at the current price action in gold and silver there is no reason to believe the selling is over. There are many issues around the precious metals, and none support a major […]
Here we go again, another major announcement that can have a dramatic effect on precious metals. Today we have the monthly jobs report which is a suspect number but can drive markets. Gold and Silver’s […]
Wednesday’s FOMC meeting and announcement came as expected. Equities and metals soared higher taking both to key resistance levels. This morning both are selling off and dip buyers will be ready to charge in chasing […]
Today is FED Day or the day the clueless try to fix or cover up their many mistakes. The FED has done nothing in 109 years to benefit the average person and I suspect today […]
