Gold Holds True to Form, Silver Joins In
The selloff in Gold continued on Monday and so far, today. 1700 April Gold futures which we could see today. There is no doubt there will be some sort of bounce in Gold, but the […]
Gold, Headed Lower, Next Stop 1750
The pressure on Gold remains strong, nothing has been able to shake the bears from selling. The trend is clearly lower, Gold is headed to 1750 and 1700. The path of least resistance is lower, […]
Gold’s Dead Cat Bounce Should Be Sold
Gold has been under pressure since early January and is approaching the November lows. However, like all markets we don’t expect Gold to go straight down without attempts to reverse direction. This is usually profit […]
U.S. Markets Closed Gold Under Pressure
Although the U.S. Markets are closed today for President’s Day, markets still trade electronically until 1:00 EST. The trends have not changed with equities making new highs once again, Crude exploding higher and Bonds getting […]
Gold, Silver and Platinum Look to Be in Trouble
It appears the churning of Gold and Silver is ending with the resumption of the downtrend. The inability to take out resistance is a clear sign that the buyers have failed, making room for the […]