Gold and Silver Heading South
The key levels for gold and silver have failed. The failure through 1850 gold and 22 silver should bring the next level down in play. We remain short but know that 1800 gold and 2100 […]
The key levels for gold and silver have failed. The failure through 1850 gold and 22 silver should bring the next level down in play. We remain short but know that 1800 gold and 2100 […]
Once again Monday gold show many weaknesses while silver had some strength. Platinum is finally showing some life and could lead the metals out of the doldrums. For now, we will remain short gold and […]
If you understand trading versus investing, then you should understand price action. Unfortunately, too many put their opinions above the facts. Fact, in the short run markets go up and down, sometimes trending for extended […]
For the past few months all markets have been trading on light volume churning around the mean. This is an indication of a much bigger move is on the horizon. Like the consolidation phase of […]
Gold and silver failed to breakout to new levels keeping both in a downtrend. The footprints that are left by price action are clear: gold and silver have a higher probability of going lower. There […]
Gold and silver tried to take off Monday before failing about 1860 gold, 22 silver. We expect this pattern to continue based on the price action. There is nothing to get too excited about although […]
Gold and silver had a nice bounce from support on Wednesday and now are pushing resistance. What will happen from here? The highest probability is that resistance holds and Gold will be headed back to […]
Like reading a textbook the recent action in gold and silver has been according to script. The technical trade has been almost perfect. While those who cry manipulation or some other nonsense, gold reached support […]
Gold and silver are pushing up against resistance, gold at 1830 and silver at 22. The highest probability is a failure from these levels. In other words, this looks like a selling opportunity. There is […]
Gold and silver are now below some critical levels and are in the process of heading lower. This brings us to the question: are gold and silver breaking down? It is not that simple, but […]