Gold’s Great Week Turns Ugly
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. […]
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. […]
Gold and Silver have closed above key levels with Silver more convincing. Platinum is very close and could be the biggest winner of them all. The action gets more bullish everyday in the metals and […]
Although Monday was a holiday in the U.S. the markets were open electronically. Gold churned most of the day before a rally before the close. The reopen last night saw Gold spike to 1918, our […]
Gold, Silver and Platinum have had quite the move, all three pushed to new recent highs. Now they are stuck at resistance as they figure out if they will breakout or breakdown. That answer will […]
On Thursday we had a nice rally in Gold, Silver and Platinum which took Gold through 1900, Silver to 24 and Platinum to 1100. We could not have scripted a better move including the small […]
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 […]
Tuesday’s Gold trade played out to script; the metals were under some pressure. The initial speed of the rally was too parabolic which cannot continue, there must be mean reversion. Tuesday traded as expected, but […]
Once again Monday Gold pushed higher on the fears of the possibility of Russia invading Ukraine. We put the probabilities of that happening less than 10%. The fears are being stoked by the administration trying […]
In typical fashion Gold and Crude Oil exploded Friday late, after the news of a possible Russian move into Ukraine. The moves came after the old pit hour closings which told us a couple of […]
After Gold had been on a four-day winning streak, taking the yellow metal to the brink of a reversal to long, we saw failure. After Thursday’s CPI number, which was hot, Gold, Silver and Platinum […]