The adventure in metals continues, Gold, Silver and Platinum could not take out resistance, now it looks headed to support. The technical patterns remain in place, metals continue to consolidate moving up and down failing […]
As much as many believe that Gold, Silver and Platinum are buys, there is one simple thing to understand: the trend in metals is lower until proven otherwise. There is one simple fact since peaking […]
Here we go again, another instant replay as Gold, Silver and Platinum consolidate. The uncertainty surrounding the metals continues to have false starts in both directions, failing at resistance and rallying from support.
However, as the […]
For weeks, the metals, equities, and other markets have created many challenges for traders. The trends have been established, however follow through has not been there. In other words, most markets are consolidating as they […]
The fight for gold has been on all week. The weekly bottoms were made on Monday at 1851 December futures. As of 5:35 am EST, Gold is near the high of the week. Like artwork, […]
The torture chamber is still open with gold, silver, and platinum, stuck in consolidation churning back-and-forth in a range. There is no doubt that they will break out in one direction or the other, the […]
Gold, silver, and platinum held support on Thursday showing a will that they are not going straight down. The facts are simple: the metals are weak and have a great potential to break hard to […]
Gold and silver continue to head south, and platinum has now joined the party. The failure to break out the last couple of days should turn out as added fuel to the downside of these […]
And there you have it, both gold and silver failed to take out resistance closing lower on the day Tuesday. You have just witnessed why we do not make emotional decisions during the trading day, […]
All big moves in either direction eventually come to and end. Is the metals rally over? Some will immediately say yes, others will say no. What is the real answer and how does a trader […]
