New Year, Same Price Action for Gold
The new trading year begins today, obviously it is too early to make a call on Gold, Silver and Platinum. However, as the new year begins, we are long Gold and Silver; we would be […]
What Does 2022 Hold for Gold, Silver and Platinum?
Today ends 2021; the year in metals was not pretty. Gold, Silver and Platinum all closed lower from where they opened the year. None of them could seem to get a consistent trend, Silver had […]
Can Gold Hold the New Uptrend?
Although Gold is getting hammered this morning, based on yesterday’s close the trend has reversed to up. We will look at this as an opportunity to buy at better prices but buying we are doing. […]
Silver Reverses to Long, Gold Still Struggles
As we approach the final week of 2021, Gold remains in a struggle to reverse from the short side to long. Although Gold has broken through 1800, its inability to find a consistent rally will […]
Gold Attempts to Reverse, Again
Once again Gold is attempting to reverse trend and go higher. The big question is, can it? The answer is complicated. Over the next year the answer would be yes, over the next week, despite […]
Gold, Silver, and Platinum, Positioned to Go Lower
Gold, Silver and Platinum are positioned to make another run to the downside. The trio remain weak and without energy indicating lower prices are ahead. There is nothing that indicates this pattern is changing anytime […]
Gold Continues to Fight for 1800
Gold is once again trying take takeout 1800 February futures. For now, we will assume that it will fail. 1800 has acted like a magnet for the past few weeks; when it gets above it […]
Has Gold Found a Bottom?
The Gold Bugs want to know if the bottoms are in; of course they never think the yellow metal goes down. The answer is not an easy one, based on the chart and price action […]
The Moment of Truth for Gold and Silver
After reaching lows on Wednesday morning before the FED announcement, Gold, Silver and Platinum have rallied hard and appear ready to reverse direction. Today’s action is the key; a higher close will probably trigger a […]
Gold Reverses, Short Squeeze or Turnaround
Yesterday we wrote that Gold, Silver and Platinum were waiting on the FED and that they were pricing in big decision. Once again, the FED tries to cover the ignorance of their ways and took […]