As Gold, Silver and Platinum prepare for the next big move higher they now find themselves consolidating. The bullish action shows us this consolidation at higher levels than before. The set up is bullish but […]
Gold, Silver and Platinum appear to be on the launching pad ready to blastoff to the upside. All three are pushing through their resistance levels, making a run to the upside a high probability. The […]
This week ends with the last big news announcement of the week – Non-Farm Jobs number. Gold and Silver should see some wild movement on the number at 8:30 EST. Whatever the initial reaction is […]
Last week was an interesting one for the metals. The bottoms held, the trend reversed and from looking bad they now look great. Forget about the news, the price action and charts show bullish information. […]
Tuesday was a wild day for Gold, trading up to 1786 before failing and closing at 1769.4. The rally did fail however Gold managed to put in a higher low. This type of action leads […]
Gold continues to struggle at these levels; the downtrend remains in place. With Platinum and Silver already taking out the flash crash lows of August 8th-9th, Gold is a favorite to follow suit. Our downside […]
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 […]
