Gold and Silver Going Lower
Gold and Silver are following the children’s book, “The Wheels on the Bus” go round and round, which describes the current pattern in markets. For months we have been trying to write about these markets […]
Gold, Silver and Platinum Headed Lower
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, […]
Gold Uptrend, Silver Downtrend – Both Miserable
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. […]
Gold and Silver Create a Challenge
As summer ends the challenge of trading markets has been as tough as it gets. Volume and market action have been nonexistent. From equities to bonds, crude to soft commodities there is little action. Gold, […]
Churning: Gold, Silver, Platinum, Rotate Around the Mean
Talk about a tough market to trade, Gold, Silver, and Platinum continue to rotate around the mean. This consolidation is the toughest to trade and doesn’t appear to be changing anytime soon. This pattern suggests […]
Gold, Silver and Platinum Quiet after Friday’s Rally
Friday saw a weak jobs number which we expected. The weak numbers propelled Gold, Silver and Platinum much higher on Friday. As of this writing the metals are mixed with Gold slightly lower, Platinum flat […]
Gold, Silver and Platinum Await Friday’s Jobs Number
As the summer winds down and we approach the Labor Day Holiday Gold, Silver and Platinum are very quiet. This is the standard for late August early September trade. The only news item that can […]
Gold, Silver and Platinum Should Remain Quiet
Markets are as quiet as they get this time of year. There is very little information that will drive markets in either direction, hence the pattern we are stuck in now. Although we can identify […]