Gold Touches 1800 Overnight
On Friday we wrote that Gold was in danger of breaking down. We saw a heavy sell off on Friday and overnight into this holiday trade Gold traded 1800. We expect the selling to accelerate […]
Gold Looks Like It May Break Today
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.
With Gold […]
Gold, Silver and Platinum, Trade or Invest?
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 […]
Gold, Silver and Platinum Consolidating
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 […]
Bitcoin Price Falls 20%; Why You Should Wait for Even More Pullbacks
AIR DATE: January 11, 2021
Source: KitcoNews
Could Gold, Silver and Platinum Be in Trouble?
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 […]
Is Bitcoin Replacing Gold?
On Friday we mentioned Gold could be in trouble and although we were long and, in an uptrend, we were looking for proof that gold could hold support. We also mentioned that a lower close […]
Jobs Friday – Is Gold in Trouble?
For the last few days Gold has struggled trying to hold support. This morning about 3:00 am EST Gold fell hard about 20.00. Although we remain long there are now causes for concern as the […]
Gold Fails Big Test
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 […]
Can Gold Make New Highs?
The metals have been on a roll recently and appear ready to breakout in a big way. There are always the questions of how far they can run. Gold is within 15% of the all-time […]