Wednesday Silver got hammered and Gold was under pressure. None of this was a surprise; we expected this type of action. Silver continues to make lows and Gold remains under pressure. Platinum has turned over […]
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 be under pressure, as much as the bulls deny the facts the trend is lower. For those who read me regularly you know I’m a believer in metals: Gold, Silver […]
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 […]
The FED does it again, more ridiculous policy decisions that took the wind out of Gold and Silver. Wednesday before the FOMC decision on interest rates Gold and Silver were rallying, trying to reverse the […]
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. […]
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 […]
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 […]
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, […]
For our regular readers you know we trade with the trend of our proprietary algorithm but always accumulate physical, gold, silver, and platinum. The recent action in metals has been awful making the trading tough. […]
