Gold Stays on the Bridge to Nowhere
Just when it looked like gold was ready to take off, the sellers came running back in. On Thursday gold was charging higher only to get pushed down again closing near the lows of the […]
Just when it looked like gold was ready to take off, the sellers came running back in. On Thursday gold was charging higher only to get pushed down again closing near the lows of the […]
Gold and silver appear to be in a confused state. Although gold got hammered on Monday, the trend has reversed to higher while the trend in silver is down. The action has all parties scratching […]
Late last week gold and silver looked like they could breakout to the upside, they failed. Looking at the price action over the weekend the precious metals could be breaking down again, headed towards the […]
The pressure is on, gold and silver continue to fail at resistance levels. On Thursday gold and silver rallied, failed, and headed lower again this morning. The metals are on pace to test major support […]
Gold and Silver have finally broken above resistance and are now in an uptrend – can it continue? That is always the key question when trend trading – will the metals follow through? Will they […]
Monday saw a nice rally in gold and silver; they appeared to be breaking out and reversing the trend. However, the rally failed and metals closed below resistance. There are many reasons to believe the […]
It’s the second weekend in April which means the Masters Golf Tournament is on. Based on the recent price action in Gold, Silver, and Platinum, should we be watching the markets or the Masters?
For the […]
The past few days gold and silver have attempted to breakout to the upside but have failed. The next logical step is a return to support, 1900 gold and 25.5 silver. The pattern suggests a […]
Gold and Silver have reached the top of their ranges we have written about this week. The action we expect from these levels are a pullback to their respective support of 1900 and 24.5. The […]
Over the past week we have experienced some very scary moments. The Russian attack on Ukraine, the bombing of a nuclear reactor and exploding prices in Crude. This has been one crazy week.
One might have […]