Gold and Silver Hit a Speed Bump
Not much has changed with Gold, Silver and Platinum. They are all in uptrends and are ready to run. Yes, they had a rough Tuesday and are lower this morning, however the overall pattern has […]
Gold and Silver Ready to Run
Monday was a solid day of gains for Gold, Silver and Platinum however none of them reached the key levels of resistance. The patterns are setting up nicely and we would consider step one completed.
For […]
Gold and Silver Look Great
Last week was an interesting one for the metals. The bottoms held, the trend reversed and from looking bad they now look great. Forget about the news, the price action and charts show bullish information. […]
Gold and Silver Running Higher
Yesterday we mentioned and explained buying the dip when markets are in uptrends and selling rallies when in a downtrend. The support level we were looking for was 1760 December Gold, the low was 1760.3. […]
Gold, Silver Continues to Struggle
Another day, another mixed day in the metals. Gold and Silver appear stuck in quick sand as buyers don’t have enough power to push them up and the bears don’t have enough to push them […]
Gold, Silver Manipulated, LOL
Friday saw another horrific jobs number which is exactly what the current administration wants. They want to keep stimulus as they work towards universal basic income and socialized medicine. Gold was rallying just before the […]
Gold, Silver and Platinum Continue Consolidation
Many times, we have written about the phases of the markets and the most challenging pattern, consolidation. Known as the pattern that haunts traders because of its indecision. Consolidation is known as the greatest time […]
New Day, Same Lousy Trade for Gold and Silver
Traders like to see action in markets knowing the more they move the bigger the opportunity. The trade in Gold and Silver has been dead with virtually nothing to do. This type of action haunts […]
Gold Can’t Break Through Resistance
For the past few days Gold and Silver have tried to reverse trends and breakout to the upside. For now, they have failed at resistance looking to resume the trend lower. The failure came from […]
Gold and Silver Show a Bearish Rally
At the end of last week Gold, Silver and Platinum mounted a strong rally, or did they? With the trend being down we will assume the rally was short covering and not a reversal. You […]