Decision Time for Gold and Silver
Here we are once again at a decision point for Gold, Silver and Platinum. The price action suggests a big move is coming, the direction is the only question. The pattern of consolidation will lead […]
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 […]
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. […]
Look for a Big Move in Gold
Wednesday saw another weak attempt at a rally in the metals. By the end of the day Gold was slightly higher, Platinum flat and Silver lower on the day. All three are setting up for […]
Gold, Silver and Platinum Rally, Can It Hold?
This morning Gold, Silver and Platinum are up nicely, the bigger question: Can the rally hold? That is an answer only fortune tellers, Prophets and self-proclaimed Gurus can answer. From a basic technical view of […]
Gold, Silver and Platinum Should Continue Lower
As much as many continue to look for higher metal prices, they all should continue headed south. There is no reason to believe that the current down trend is changing anytime soon although it is […]
Gold Rally Creates Another Selling Opportunity
This morning the metals are moving higher which was expected after Friday’s ugly sell off. These rallies in bear markets are meant to be sold. In other words, we are looking for a level in […]
Gold Finds New Resistance – Heading Lower
The metals have been quiet this week while at the same time confirming their trends and establishing new levels. Gold remains in a solid downtrend and has established a new resistance level. We are now […]
Gold Remains Weak
Gold is flat this morning and has been churning on both sides of unchanged since last night’s open. It appears that until proven otherwise, 1750 April Gold futures is our next target to the downside. […]