Are the Bottoms in for Gold?
Are the Bottoms in for Gold?
The simple answer is: we don’t know. However, based on price action Gold has a lot more room on the downside. Dead cat bounces happen in all markets all the […]
Deliveroo Seeks $12 Billion Valuation
Deliveroo, backed by Amazon.com Inc., set a price range for its planned London listing with an upward valuation of $12 billion, posing a test for continued investor appetite in online food-delivery services.
In December, U.S. peer […]
Gold, Silver and Platinum: Small Selloff Could Turn into Big One
There is just enough pressure on Gold, Silver and Platinum that we could see the big one. As the bulls and bears battle to hold their ground, it looks and feels like the sellers will […]
Gold Hits Resistance and Falls Hard
This morning at around 4:00 Gold hit the top end of the range near 1560 April futures and quickly reversed dropping almost 30.00 in 30 minutes. This action was classic for a market that is […]
Could Gold, Silver and Platinum Be in Trouble?
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 […]
Gold Does Not Look Good
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 […]
Gold Reverses, Silver Close
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 […]
Gold, Silver Attempting to Reverse Trend
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 […]
Gold, Silver and Platinum Seeing Mixed Trade
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 and Platinum Slightly Higher, Silver Flat
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 […]