Gold is Like a Nightmare
Gold is Like a Nightmare
As we look at Gold right now it’s like a nightmare, it keeps getting worse and worse. Silver looks bad as well but not yet in the same category as Gold, […]
Another Selling Opportunity for Gold and Silver
As expected, Gold and Silver are weak, but a bounce was due. Here it is with Gold up 7.00 and Silver up .20. Each rally has been weaker than the previous indicating more room to […]
Gold and Silver Soft This Morning
Although we reversed our Gold position on Tuesday and are now long Gold it is no real surprise that there is a small sell off this morning. Gold had rallied from 1770 to 1870 based […]
Gold Reverses, Silver Close
On August 12th we went short Gold at 1960 riding it down to the 1770 level and are now reversing to the long side of the market. Once again, we were able to capture the […]
Here We Go Again – Gold, Silver Try to Rally
Crazy markets create opportunities and the action in Gold, Silver and Platinum are no different. Trading the congestion pattern is challenging, however the pattern itself creates opportunity to add and manage a position with the […]
The Trend Remains the Same – Sell Gold and Silver
As much as many believe that Gold, Silver and Platinum are buys, there is one simple thing to understand: the trend in metals is lower until proven otherwise. There is one simple fact since peaking […]
Gold and Silver Remain in Downtrend
Yesterday we asked the question as whether Gold and Silver were reversing. The short-term answer is no. Although Tuesday saw a point during the day that would have reversed our positions, it did not close […]
It’s a Runaway, Gold Silver and Platinum Breaking Out
Everyday last week we wrote about the patterns in the metals, they went from the ugly to strong. Those patterns are playing out this morning once again with Gold, Silver and Platinum breaking out to […]