Gold, Silver and Platinum Fail, Now What?
Gold, silver, and platinum all failed to take out the top end of the range, they now located to the bottom end to test support. However, all three remain in the admissions pattern known as […]
Gold and Silver Remain in The Torture Chamber of Congestion
Gold and silver remain in the torture chamber of congestion, meaning there is confusion on which way the market will break next. The trends in both are higher, silver looks better than gold and both […]
Gold and Silver Hold Key Support
On Monday, Gold was getting hammered, once again in danger of reversing to the short. Miraculously, Gold turned and rallied back to almost unchanged. Gold is in wide sweeping consolidation, suggesting a big move in […]
How Long Can These Patterns Last in Gold, Silver And Platinum?
The simple answer is no one knows. All markets go into different phases, the basic three are congestion, breakout and blowoff. The pattern that torments traders and investors alike is the congestion phase, also known […]
Gold Holds Support, Silver at Resistance
On Tuesday Gold dipped below 1700 June futures and managed to close near the highs of the day. This morning Gold was slightly higher and once again a large seller showed up again taking Gold […]