April Fools, What’s Next for Gold and Silver
For the past three weeks gold and silver have been stuck in a tight trading range indicating a much bigger move is coming. The pattern we are watching is known as consolidation which is simply […]
For the past three weeks gold and silver have been stuck in a tight trading range indicating a much bigger move is coming. The pattern we are watching is known as consolidation which is simply […]
Gold and Silver look to test the support levels once again. Wednesday saw a nice rally, however there was no volume to support it. All signs point to lower prices once again and our levels […]
As expected, gold and silver tumbled hard on Tuesday taking them down and slightly below their key levels of support. Both bounced nicely from those key levels and are well above them now. This brings […]
Like magic, gold and silver have pulled back to their key support levels of 1900 and 24.5. They are once again at the moment of truth leaving two options: breakdown or rally again. The trend […]
The past few days gold and silver have attempted to breakout to the upside but have failed. The next logical step is a return to support, 1900 gold and 25.5 silver. The pattern suggests a […]
Gold and Silver had sharp rallies on Thursday but in typical market fashion both failed to close above resistance. The failure was expected, and another test of those levels are expected. However, the trends will […]
Gold and Silver have reached the top of their ranges we have written about this week. The action we expect from these levels are a pullback to their respective support of 1900 and 24.5. The […]
Markets remain quiet and dull while the trading ranges tighten. The tighter the ranges become the bigger the next move will be. Along with Gold and Silver, equities narrow as well. The lack of volume […]
Gold and Silver continue to churn around the mean. The pattern is compressing, indicating a much bigger move is coming. As we look at the charts, Gold support is 1900 and resistance 1950, Silver support […]
As expected, Gold, Silver and Platinum continue to churn around the mean. We remain short Gold and Silver which should pull back to at least the key pivots of 1900 Gold and 23.50 Silver. They […]