When markets opened Sunday night/Monday morning, it had all the appearances as a repeat of Thursday’s action. Equities were getting hammered and once again recovered, similar action in many other markets.
After peaking at about 8:45 […]
Last week Gold, Silver and Platinum were rolling along without a care in the world. Gold was in the middle of making a move through 2000, suddenly the buyers were gone and panic set in. […]
As Gold pushes higher it has stayed on script, trading as expected. Tuesday’s pull back was met with buyers and this morning Gold is trying to break through the key level of 1900. Whether or […]
This was loaded with news events from OPEC agreeing to more production, but Crude spiked 1.50. ADP Jobs Number was a miss, equities stayed up, Gold and Silver stayed marginally higher. Basically, they are hovering […]
We are seeing a solid rally in Gold, Silver, and Platinum this morning. Are the patterns reversing? We remain short across the board but can see a path to a reversal. A close above 1820 […]
Today is jobs Friday; equities and metals have been under pressure all week. The FED continues to be unable to recognize the problems they created. The question here is what has the market priced into […]
As we approach the end of the year, Gold, Silver, and Platinum have work to do on the downside. The dramatic drop last Friday, Monday and Tuesday did a lot of technical damage to the […]
Gold, Silver and Platinum have been under heavy pressure destroying every support level on the way. From a purely technical view of the charts, they have all broken down which brings much lower prices into […]
On Monday President Biden reappointed Fed Chair Powell, sent Gold into a nosedive and reversing our long trading position to short today. The selling was sharp, fast, and constant. Silver and Platinum were weak as […]
Friday was triple witching expiration and markets sold off. This morning equities are under pressure again hinting at a trend change. One would think Gold and Silver would be charging higher however they are slightly […]
