Gold and Silver Lower Again
Although this is being written very early in the morning Gold, Silver, and Platinum are lower once again this morning. It now appears they are going to test the recent lows, the failure to breakout […]
Gold and Silver Stay Short
For the past few days, we have been watching Gold and Silver expecting a possible trend change with a reversal to the long side of the markets. Thursday’s rally was not quite enough, although it […]
Did Last Week’s Action Change the Trend in Gold?
Many Gold bugs continue to try and call the bottom for the yellow metal. Last week’s action was just what the doctor ordered for Gold – or was it? Obviously, there is no simple answer, […]
Gold’s Search for a Bottom
Gold’s Search for a Bottom
The Gold bugs continue to call ‘fix and manipulation’ because Gold and Silver continue to get hammered. Out of all asset classes in the world the metals cause the most emotional […]
The Duke Brothers are Selling Gold
The Dukes know something; they are selling Gold and Silver. The weakness in the metals continues to follow the trend – every rally the sellers show up. Obviously, the trend will last until it doesn’t. […]
Gold and Silver Head Lower
The trend for Gold and Silver remains lower and both are under pressure this morning. They have both rallied a small amount from their lows but look weak just the same. The lower trend brings […]
Gold and Silver Should Resume Downtrend
Although Gold and Silver closed higher on Thursday, their overall action was bearish which is consistent with the current trend. The fact that they both failed at key resistance levels suggests lower prices are ahead. […]
Gold and Silver Stuck in Quicksand
On Tuesday we wrote about the patterns in Gold and Silver, their action shows the same levels and more weakness. Gold and Silver feel like they are stuck in quicksand which should lead the markets […]
Gold and Silver Hover Around Key Levels
The patterns in Gold and Silver remain constant with continued weakness. Our expectations that Gold and Silver would rally into resistance has failed. We were looking for a run in Gold to 1750 April Futures […]
Is the Trend Changing for Gold?
Gold is starting to show some life and the potential for a trend change. The major level of resistance is 1750 April futures. Although we remain short and will stay there until our algorithm turns […]