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 […]
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. […]
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, […]
Gold and Silver Create a Challenge
As summer ends the challenge of trading markets has been as tough as it gets. Volume and market action have been nonexistent. From equities to bonds, crude to soft commodities there is little action. Gold, […]
Gold, Silver and Platinum Quiet after Friday’s Rally
Friday saw a weak jobs number which we expected. The weak numbers propelled Gold, Silver and Platinum much higher on Friday. As of this writing the metals are mixed with Gold slightly lower, Platinum flat […]
Gold, Silver and Platinum Await Friday’s Jobs Number
As the summer winds down and we approach the Labor Day Holiday Gold, Silver and Platinum are very quiet. This is the standard for late August early September trade. The only news item that can […]