With the metals in consolidation all week with clearly defined trends Gold and Silver lower and Platinum higher. Gold and silver are testing a key support level which could lead to another black Friday.
Markets have a funny way of teaching the toughest lessons to its participants. Whether you are trading or investing you are your own worst enemy. Traders and investors have the same flaws, they allow the […]
The metals are in a consolidation pattern which is known as the greatest time of uncertainty. Consolidation is one of the phases that markets trade and always precedes the next big move. In Gold and […]
Although Gold, Silver and Platinum have rallied on Monday and are higher this morning, they all appear to be in trouble. The trend has clearly reversed and the next move, until proven otherwise, should be […]
There is an adage on Wall Street and in trading communities: Buy the rumor, Sell the news. This is exactly what happened on Wednesday in the metals, especially Gold. Platinum and Silver were also affected […]