Gold and Silver on Fast Track to Nowhere
Gold and Silver continue to see slow directionless trade. The bulls will talk about the gold rally the last couple of days and the bears will talk about the inability to breakout of this range. […]
That’s Not Right, Gold Lower, Silver Flat
Monday the equity markets and most of the soft commodities got hammered triggering sell signals in some of the equity markets. This morning markets are up big which is a sell signal. Down trending markets […]
Equities Getting Hammered, Gold and Silver Flat
Friday was triple witching expiration and markets sold off. This morning equities are under pressure again hinting at a trend change. One would think Gold and Silver would be charging higher however they are slightly […]
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. […]
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 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 […]