Although Gold, Silver and Platinum have rallied on Monday and are higher this morning, they all appear to be in trouble. The trend has clearly reversed and the next move, until proven otherwise, should be […]
As you know we are long Gold from earlier in the week. Gold does not look good; we are long and staying there until at least Monday. Yesterday’s rally after Wednesday’s beat down was unimpressive […]
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 […]
On Thursday Gold and Silver tried to rally, although they finished higher the rally was weak. This morning Gold and Silver are higher once again making another attempt to reverse trend. Gold must close above […]
The general picture in metals is mixed with bearish activity in Gold and Silver and bullish in Platinum. This morning all three are near the flat line, rotating between positive and negative pricing. This type […]
Gold, Silver and Platinum continue to churn in consolidation ranges. Eventually they will breakout of these ranges and pick the direction of the next big move. For now, our expectations are to the downside. The […]
For the last few days, the markets have been selling off, this morning they are in a panic mode. Over the last couple of weeks, the Nasdaq, Dow, and S+P has fallen 7%. All the […]
Tuesday all looked right in the world, Gold, Silver, Platinum, and equities were running higher. Out of nowhere around 8:00 am EST small sellers started to show up and markets saw a little selling, which […]
Gold is relatively flat this morning working on both sides of change, but doing a great job defending the 1800 level August futures. We are rolling to the December contract which changes support from 1800 […]
Tuesday was an interesting day across the board for metals. Gold and silver held support like a champion, while platinum continued its downtrend. The picture remains clear that gold and silver are in a bull […]
