Gold and Silver Fail First Test
Monday saw a nice rally in gold and silver; they appeared to be breaking out and reversing the trend. However, the rally failed and metals closed below resistance. There are many reasons to believe the […]
Monday saw a nice rally in gold and silver; they appeared to be breaking out and reversing the trend. However, the rally failed and metals closed below resistance. There are many reasons to believe the […]
Gold and silver are running higher this morning and appear headed to test the top end of the range. For weeks Gold has traded between 1900-1960 and Silver 24-26; today Gold is at the top […]
Gold and silver have been moving sideways for weeks. If you put them on a heart monitor, they would be declared dead. We know from experience a much bigger mover is coming, but we don’t […]
Markets remain quiet and dull while the trading ranges tighten. The tighter the ranges become the bigger the next move will be. Along with Gold and Silver, equities narrow as well. The lack of volume […]
As expected, Gold, Silver and Platinum continue to churn around the mean. We remain short Gold and Silver which should pull back to at least the key pivots of 1900 Gold and 23.50 Silver. They […]
The FED has spoken. They didn’t say much but it was enough to create a sell off in Gold. This morning Gold is seeing a sharp rally from a major support level. That does not […]
You can’t always get what you want, the classic by the Rolling Stones, is playing right in front of us. We were long Gold, Silver, and Platinum and today we are short Gold and Platinum […]
Wednesday’s trade was expected – maybe not the depth of the sell off, but the price action. We should expect this type of price action for the next few days or weeks as Gold, Silver […]
Gold, Silver and Platinum continue to run higher; Gold blew through 2000 and is 2020 as of 2:30 am EST. It was a surprise that Gold didn’t pause at 2000, however from here we expect […]
Gold, Silver, and Platinum have passed the test of levels to get through with flying colors and prices. They are now set to test the next resistance levels. The price action has been very strong, […]