Gold and Silver Fail Once Again
Like reading a textbook the recent action in gold and silver has been according to script. The technical trade has been almost perfect. While those who cry manipulation or some other nonsense, gold reached support […]
Gold and Silver Push Resistance, Look for Failure
Gold and silver are pushing up against resistance, gold at 1830 and silver at 22. The highest probability is a failure from these levels. In other words, this looks like a selling opportunity. There is […]
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 Under Pressure
The pressure is on, gold and silver continue to fail at resistance levels. On Thursday gold and silver rallied, failed, and headed lower again this morning. The metals are on pace to test major support […]
Precious Metals
Any investment involves substantial risks, including, but not limited to, pricing volatility, inadequate liquidity, and the potential complete loss of principal. This document does not in any way constitute an offer or solicitation of an offer to buy or sell any investment, security, or commodity discussed herein, or any security in any jurisdiction in which such an offer would be unlawful under the securities laws of such jurisdiction.
Gold and Silver Can’t Find Buyers
New day, more economic data, and still gold and silver can’t find buyers to support them. We often hear, precious metals are being manipulated and being pushed lower, however there is not enough volume and […]
Gold and Silver Hover Around Key Support
Gold and Silver had another rough day on Tuesday; both attempted to rally only to fail once again. Gold and Silver closed below key technical support and both have rallied back to those levels this […]
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 and Silver Should Continue to Struggle
As we look at the current price action in gold and silver there is no reason to believe the selling is over. There are many issues around the precious metals, and none support a major […]
Jobs Friday, What will Gold and Silver Do?
Here we go again, another major announcement that can have a dramatic effect on precious metals. Today we have the monthly jobs report which is a suspect number but can drive markets. Gold and Silver’s […]