Gold Attempting to Reverse Trend, Platinum Breaking Out
Last night and this morning Gold is trying to reverse trend as it breaks through the 1840 level. The next key level is 1860 based on April futures. The trend is still lower, and this […]
Last night and this morning Gold is trying to reverse trend as it breaks through the 1840 level. The next key level is 1860 based on April futures. The trend is still lower, and this […]
After Monday’s big rally in Gold and Silver they have confirmed the breakouts and should continue to run higher. Platinum was the weakest of the group on Monday, but held support and should join the […]
On Thursday we wrote that Gold, Silver and Platinum were attempting to breakout, overnight and this morning they are exploding higher. Gold is up over 40.00, Silver over 1.00 and Platinum higher by 38.00. This […]
The story has not changed much with Gold, Silver and Platinum trying to break through the key barriers of resistance. For the past few days, they have all attempted to breakout but have failed. The […]
Gold and Silver are flying higher again this morning, thankfully we were able to reverse our positions before this big rally began. We reversed April Gold to long on December 8th at 1872 and March […]
Gold, Silver and Platinum are flying higher again this morning. Gold is 27.00 higher looking for 1900, Silver up 1.00 and Platinum up 30.00. We reversed our Silver position this morning and are long across […]
Silver is making another attempt to breakout to the upside. We have been short Silver for months; the action the last two days indicates the bottoms may be in and a rally is coming. My […]
Monday was an ugly day in metals, especially Gold. It was apparent early that gold was in for a long day and had little chance of going higher. Of course, that was exactly how Gold […]
The Gold and Silver rally continue while Platinum continues higher. Looking at the group Gold and Silver are still a heavy favorite to fail while Platinum is now targeting 1100. Today is the key for […]
While Gold is stuck in consolidation and churning around the 1800 August futures level. The overall pattern continues to suggest higher prices are coming, although some will make the case for Gold to breakdown from […]