Gold Headed to Flash Crash Lows
Gold continues to struggle at these levels; the downtrend remains in place. With Platinum and Silver already taking out the flash crash lows of August 8th-9th, Gold is a favorite to follow suit. Our downside […]
Gold and Silver Continue to Struggle
Gold and Silver buyers continue to say the same thing the Duke Brothers said about Frozen Orange Juice in the movie Trading Places. “That can’t be right” is the famous line that is used in […]
Where are the Gold Bugs?
Gold and Silver took it on the chin Thursday which brings the question, where are all the gold bugs? Where are the geniuses calling for 5000 gold? It’s amazing how they disappear when the heat […]
FED Flattens Silver and Gold
The FED does it again, more ridiculous policy decisions that took the wind out of Gold and Silver. Wednesday before the FOMC decision on interest rates Gold and Silver were rallying, trying to reverse the […]
Gold and Silver on Fast Track to Nowhere
Gold and Silver continue to see slow directionless trade. The bulls will talk about the gold rally the last couple of days and the bears will talk about the inability to breakout of this range. […]
That’s Not Right, Gold Lower, Silver Flat
Monday the equity markets and most of the soft commodities got hammered triggering sell signals in some of the equity markets. This morning markets are up big which is a sell signal. Down trending markets […]
Equities Getting Hammered, Gold and Silver Flat
Friday was triple witching expiration and markets sold off. This morning equities are under pressure again hinting at a trend change. One would think Gold and Silver would be charging higher however they are slightly […]
Gold and Silver Trade Like all Markets
Too many people get involved with markets on a tick-by-tick basis. Watching markets minute to minute, tick by tick is the number one reason for failure among traders. I get too many emails telling me […]
Gold and Silver Going Lower
Gold and Silver are following the children’s book, “The Wheels on the Bus” go round and round, which describes the current pattern in markets. For months we have been trying to write about these markets […]
Gold, Silver and Platinum Headed Lower
The metals remain about as ugly as it gets, the patterns are weak and there is no volume. This morning we have reversed Gold to the short side joining Silver, that we trade, and Platinum, […]