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The Price Action in Gold Suggests a Big Move Coming

One of the key components in trading is the price action surrounding any asset class. In the class of the metals there are many interesting things starting to show. After Monday’s crazy action, Gold, Silver […]

By |2020-12-24T09:45:33-05:00December 24th, 2020|Articles|Comments Off on The Price Action in Gold Suggests a Big Move Coming

Gold Struggles to Hold Small Gains, Silver Lower

The action in Gold and Silver is starting the trade from a couple of weeks ago, big down move followed by consolidation. The last time Gold and Silver were in this pattern after 3 or […]

By |2020-11-27T10:58:38-05:00November 27th, 2020|Articles|Comments Off on Gold Struggles to Hold Small Gains, Silver Lower

Gold and Platinum Slightly Higher, Silver Flat

Gold, Silver and Platinum continue to churn in consolidation ranges. Eventually they will breakout of these ranges and pick the direction of the next big move. For now, our expectations are to the downside. The […]

By |2020-11-12T09:33:02-05:00November 12th, 2020|Articles|Comments Off on Gold and Platinum Slightly Higher, Silver Flat

Gold, Silver and Platinum Trying to Rally

It is about 2:30 am EDT, Gold Silver and Platinum are slightly higher this morning. The Sunday night open was slightly lower, after hours of consolidating they have started to breakout to the upside on […]

By |2020-10-19T10:40:18-04:00October 19th, 2020|Articles|Comments Off on Gold, Silver and Platinum Trying to Rally

What’s Next for Markets?

On Monday markets looked as though they were ready to collapse with no hope for a rally. However, out of nowhere came a massive rally in the NASDAQ reversing almost 300 points from the lows […]

By |2020-09-22T11:23:19-04:00September 22nd, 2020|Articles|Comments Off on What’s Next for Markets?

The Moment of Truth for Gold

Here we go again, gold is pushing the upper limit of resistance and has now reached the moment of truth. Will it break out to the upside? Will the move force us to reverse from […]

By |2020-09-15T09:29:15-04:00September 15th, 2020|Articles|Comments Off on The Moment of Truth for Gold

Gold, Silver and Platinum Try to Rally and Fail

After Wednesday’s big sell off in the metals, Thursday they tried to rally and are now failing as of this morning, threatening to take out Wednesday’s low. There is no doubt that the trend is […]

By |2020-08-21T12:00:23-04:00August 21st, 2020|Articles|Comments Off on Gold, Silver and Platinum Try to Rally and Fail

Gold and Silver Remain in Downtrend

Yesterday we asked the question as whether Gold and Silver were reversing. The short-term answer is no. Although Tuesday saw a point during the day that would have reversed our positions, it did not close […]

By |2020-08-19T12:16:59-04:00August 19th, 2020|Articles|Comments Off on Gold and Silver Remain in Downtrend