The Gold Rush is On
The Gold rush has begun with a weekly breakout. The next major levels to watch are 1880-1900 December Gold futures. The buying has been on volume giving two weeks of higher prices and higher volume. […]
Gold, Silver, and Platinum Pulling Back to Support
After Thursday’s solid rally Gold, Silver and Platinum are seeing a small pull back this morning. Yesterday we wrote that a pullback was expected and healthy for the metals. With a clear head those who […]
Gold, Silver Take Out Key Resistance
And they are off – Gold and Silver have broken through the key resistance levels and could run a long way. Platinum looks prepped to do so today. Today is Veterans Day, which could slow […]
Gold, Silver and Platinum Pulling Back
As expected, Gold, Silver and Platinum are pulling back from resistance levels. All three reached the first resistance levels on Tuesday which is causing a natural pullback that is healthy for the market setting up […]
Gold, Silver Resting Before Next Big Move
Monday saw a solid rally in Gold, Silver and Platinum, all reached a small level of resistance. Based on the current trend and price action they should reach their major resistance levels very soon. We […]
Gold, Silver and Platinum Ready for Blastoff
Gold, Silver and Platinum appear to be on the launching pad ready to blastoff to the upside. All three are pushing through their resistance levels, making a run to the upside a high probability. The […]
For Gold and Silver, It’s About the Jobs Number
This week ends with the last big news announcement of the week – Non-Farm Jobs number. Gold and Silver should see some wild movement on the number at 8:30 EST. Whatever the initial reaction is […]
Gold and Silver Traders’ Emotions Run High
Wednesday was FED Day, or the meeting of the three blind mice. Either way, they once again showed how clueless they are. The FED has changed their transitory call on inflation to it will be […]
Gold and Silver in Never, Never Land
One thing we can take away from the recent trade in Gold, Silver, and Platinum – it sucks. The price action has been about as bad as it gets. The metals although in an uptrend […]
Instant Replay, Gold and Silver Sitting
Monday was like the previous couple of weeks for Gold and Silver; they made a charge to breakout to the upside but failed. Platinum did the same and the 40.00 rally only reached […]