Sound Familiar, Gold Fights for 1800
Here we are once again with Gold fighting at the pivot point of 1800. This battle has gone on for months indicating months of congestion. This time around, the trend is lower meaning that 1800 […]
Gold and Silver Struggles Continue
Today is jobs Friday; equities and metals have been under pressure all week. The FED continues to be unable to recognize the problems they created. The question here is what has the market priced into […]
FED Sticks it to Gold Once Again
The FED sticks it to Gold traders once again, which is no surprise. There are so many flaws with the FED going back 108 years. They have proven many times to never make the correct […]
Gold Starts the Year Under Pressure
Monday was the first trading day of the year – Gold, Silver, and Platinum got hammered. The selling started early and never relented. The pressure on Gold was enough to reverse our trading position back […]
New Year, Same Price Action for Gold
The new trading year begins today, obviously it is too early to make a call on Gold, Silver and Platinum. However, as the new year begins, we are long Gold and Silver; we would be […]
What Does 2022 Hold for Gold, Silver and Platinum?
Today ends 2021; the year in metals was not pretty. Gold, Silver and Platinum all closed lower from where they opened the year. None of them could seem to get a consistent trend, Silver had […]
Can Gold Hold the New Uptrend?
Although Gold is getting hammered this morning, based on yesterday’s close the trend has reversed to up. We will look at this as an opportunity to buy at better prices but buying we are doing. […]
Gold Looks Ready to Reverse
Monday Gold churned around the mean attempting to reverse the trend and failed to do so. This morning Gold is higher and once again will attempt to sustain the rally to reverse.
We must remember that […]
Silver Reverses to Long, Gold Still Struggles
As we approach the final week of 2021, Gold remains in a struggle to reverse from the short side to long. Although Gold has broken through 1800, its inability to find a consistent rally will […]
Gold Attempts to Reverse, Again
Once again Gold is attempting to reverse trend and go higher. The big question is, can it? The answer is complicated. Over the next year the answer would be yes, over the next week, despite […]