After Gold had been on a four-day winning streak, taking the yellow metal to the brink of a reversal to long, we saw failure. After Thursday’s CPI number, which was hot, Gold, Silver and Platinum […]
As you regular readers know, we have been short Gold and Silver for quite awhile now. The pressure mounts as the metals try and breakout to the upside. What we are seeing in the price […]
Gold has broken through the 1800 level once again; will it hold and reverse to long? At this point there is no real answer except the trend is lower and until that changes it is […]
The battle is on between the bulls and bears for the next big move in Gold, Silver and Platinum. The markets move just enough higher before sellers show up and force out the weak hands. […]
It’s a new day but the same lousy action for Gold, Silver, and Platinum. The three are going nowhere; every rally is met with sellers and every sell off is met with buyers, hence they […]
This was loaded with news events from OPEC agreeing to more production, but Crude spiked 1.50. ADP Jobs Number was a miss, equities stayed up, Gold and Silver stayed marginally higher. Basically, they are hovering […]
This morning we are seeing Gold, Silver, and Platinum rallying. Gold is up about 6.00, Silver .20 and Platinum 7.00, but we expect these rallies to fail. Maybe not this morning or today, but over […]
On Tuesday Gold continued pushing through the 1840 level, trading as high as 1854. Support for Gold becomes 1940, which is a level to add on to long positions. This mornings sell off is natural […]
For the past few days, the equity markets have been getting hammered, the trend has reversed to lower. At the same time, Gold, Silver, and Platinum have had solid rallies. All three have made highs […]
On Tuesday we wrote about the tortures of consolidation suggesting a breakout in either direction was coming. We wrote that based on our algorithm and positions the breakout would be higher.
Wednesday was possibly just the […]
