Gold and Silver Push Lower
After the early selling this week gold and silver attempted a rally on Thursday. They have failed to hold any bounce and they should be headed lower. 1700 gold and 18 silver are now in […]
News is Noise, Gold Sits at 1800
This was loaded with news events from OPEC agreeing to more production, but Crude spiked 1.50. ADP Jobs Number was a miss, equities stayed up, Gold and Silver stayed marginally higher. Basically, they are hovering […]
Gold and Silver Bounce, Not Very Impressive
Friday’s jobs number was a disaster as was the drop in the employment number which indicates no job growth and many giving up and not looking. After the news hit Gold and Silver bounced while […]
For Gold and Silver, It’s About the Jobs Number
This week ends with the last big news announcement of the week – Non-Farm Jobs number. Gold and Silver should see some wild movement on the number at 8:30 EST. Whatever the initial reaction is […]
Gold and Silver Wait for Jobs Report
I have been trading as an independent trader for 43 years, one thing I can tell you, we never get used to the misery of congestion. This is the pattern that we have been watching […]
Gold, Silver and Platinum are Weak this Morning
After the Friday’s jobs number Gold and Silver popped sharply higher, which makes this morning’s small sell off a natural reaction to the rally. The price action suggests that the new lows and support levels […]
Jobs Friday – What’s in Store for Gold and Silver?
Today is Jobs Friday which will influence Gold and Silver. We wrote yesterday to expect an ugly day and wow did we see one. Gold, Silver and Platinum got clobbered. This morning before the number […]