Are Gold and Silver Breaking Down?
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 […]
Gold and Silver Could get Ugly
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 […]
Gold, Silver, and Platinum Heading to Support
Wednesday the pressure remained on gold, silver, and platinum. For now, the precious metals are ugly and appear to be headed to support levels. There may be many reasons to be bullish metals but price […]
Gold and Silver Under Pressure
Thursday’s rally in Gold and Silver is being met with sellers this morning. The precious metals should come under pressure with a strong downtrend. As markets churn waiting for the next big move there are […]
Gold’s Natural Bounce from Support
The FED has spoken. They didn’t say much but it was enough to create a sell off in Gold. This morning Gold is seeing a sharp rally from a major support level. That does not […]
Higher Rates Coming, Could Push Gold Lower
With the FOMC meeting this week we should see an increase in interest rates which is the only way to slow inflation which is much higher than reported. When you exclude the two highest costs […]
Gold and Silver Trade Like all Markets
Too many people get involved with markets on a tick-by-tick basis. Watching markets minute to minute, tick by tick is the number one reason for failure among traders. I get too many emails telling me […]
It’s True, Gold is Breaking Out to the Upside
Gold has finally broken out to the upside with Thursday bullish action. The action has been attempting to breakout for weeks, but kept failing leaving a bearish tint around the yellow metal. We have reversed […]
The Lion, Gold and Silver Sleep Tonight
The metals markets cannot get much quieter, once again Gold failed to breakout. Gold’s constant failure at resistance making lower highs is very bearish. The overall action is like the Lion King, The Lion Sleeps […]