For weeks, Gold and Silver have been under pressure. Even when it looks like they are going to turn around the sellers show up. Wednesday Gold and Silver were higher early only to fail again. […]
Everyday has become a mirror image of the day before for Gold, Silver and Platinum. They try to rally and fail; this pattern has been happening for a couple of weeks. Tuesday morning, big rally […]
Here we go again, the gold bugs will be out touting how high gold is going. As we have written in the past, there is no doubt Gold, Silver and Platinum will be higher in […]
First, lets be clear about one thing. I’m a big fan of owning physical metals which I will never sell. Second, I will trade the paper gold long or short depending on the trend. However, […]
As we approach the end of the year, Gold, Silver, and Platinum have work to do on the downside. The dramatic drop last Friday, Monday and Tuesday did a lot of technical damage to the […]
Gold, Silver and Platinum have been under heavy pressure destroying every support level on the way. From a purely technical view of the charts, they have all broken down which brings much lower prices into […]
On Monday President Biden reappointed Fed Chair Powell, sent Gold into a nosedive and reversing our long trading position to short today. The selling was sharp, fast, and constant. Silver and Platinum were weak as […]
Once again Gold, Silver and Platinum appear to be under pressure. The trend remains up, but the trading action has been miserable. This is always the type of action that creates traders to do the […]
One thing we know for an absolute certainty, trading is hard. From our opinions that control our trades to lousy trading conditions and our emotions, we have challenges everywhere. These are the facts traders battle […]
As Gold, Silver and Platinum prepare for the next big move higher they now find themselves consolidating. The bullish action shows us this consolidation at higher levels than before. The set up is bullish but […]
