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 […]
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 […]
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 […]
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 […]
There was a lot of excitement around Gold and Silver Thursday. Both had big rallies which brings the question: Deadcat bounce or reversal? The answer for now is we don’t know, we remain short. Based […]
Wednesday Silver got hammered and Gold was under pressure. None of this was a surprise; we expected this type of action. Silver continues to make lows and Gold remains under pressure. Platinum has turned over […]
Gold continues to struggle at these levels; the downtrend remains in place. With Platinum and Silver already taking out the flash crash lows of August 8th-9th, Gold is a favorite to follow suit. Our downside […]
Gold and Silver continue to be under pressure, as much as the bulls deny the facts the trend is lower. For those who read me regularly you know I’m a believer in metals: Gold, Silver […]
Gold and Silver buyers continue to say the same thing the Duke Brothers said about Frozen Orange Juice in the movie Trading Places. “That can’t be right” is the famous line that is used in […]
Gold and Silver took it on the chin Thursday which brings the question, where are all the gold bugs? Where are the geniuses calling for 5000 gold? It’s amazing how they disappear when the heat […]
The FED does it again, more ridiculous policy decisions that took the wind out of Gold and Silver. Wednesday before the FOMC decision on interest rates Gold and Silver were rallying, trying to reverse the […]