The bulls have finally taken back control of Gold, Silver and Platinum. All three have now managed to reverse trend after their prolonged downtrend. We have seen them break […]
Gold and Silver are seeing a solid rally this morning pushing up to our resistance levels. Until proven otherwise, we are sellers at resistance with the trend still lower. Based on the trend and recent […]
Another day, another mixed day in the metals. Gold and Silver appear stuck in quick sand as buyers don’t have enough power to push them up and the bears don’t have enough to push them […]
Friday saw another horrific jobs number which is exactly what the current administration wants. They want to keep stimulus as they work towards universal basic income and socialized medicine. Gold was rallying just before the […]
Many times, we have written about the phases of the markets and the most challenging pattern, consolidation. Known as the pattern that haunts traders because of its indecision. Consolidation is known as the greatest time […]
Traders like to see action in markets knowing the more they move the bigger the opportunity. The trade in Gold and Silver has been dead with virtually nothing to do. This type of action haunts […]
For the past few days Gold and Silver have tried to reverse trends and breakout to the upside. For now, they have failed at resistance looking to resume the trend lower. The failure came from […]
At the end of last week Gold, Silver and Platinum mounted a strong rally, or did they? With the trend being down we will assume the rally was short covering and not a reversal. You […]
There was a lot of excitement around Gold and Silver Thursday. Both had big rallies which brings the question: Deadcat bounce or reversal? The answer for now is we don’t know, we remain short. Based […]
Wednesday Silver got hammered and Gold was under pressure. None of this was a surprise; we expected this type of action. Silver continues to make lows and Gold remains under pressure. Platinum has turned over […]
