Well, our short positions in gold and silver are certainly under immense pressure, but at least for today we will remain short. This morning’s rally is pushing the upper levels of our signals. However, in […]
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 […]
Wednesday the Federal Reserve did their usual nothing and continued to promise free money for longer. The attitude of throwing money at problems seems to be a weak solution. This time is no different, the […]
Today is the day we hear from the Federal Reserve on what their policies will be going forward. For the last 10 days the metals have indicated a major news event based on this meeting. […]
Thursday’s trading action was no surprise, Gold continued to rally while Silver and Platinum pulled back a little. Although we remain bullish and look for new all-time highs in Gold, we expect a pullback sooner […]
While Gold is stuck in consolidation and churning around the 1800 August futures level. The overall pattern continues to suggest higher prices are coming, although some will make the case for Gold to breakdown from […]
On Tuesday gold, silver, and platinum, put on impressive show. All three appeared to be under pressure early before dramatic rallies to close near their highs of the day.
Gold is once again higher pushing its […]
The Independence Day holiday is over and markets are resuming normal trade. Equities exploding to the upside and the metals are mixed with gold lower, platinum and silver higher.
Gold, as we have written the last […]
On Wednesday, both gold and silver reached levels of resistance and failed as you might expect. The early morning rallies in both were very powerful and had the appearance as if they were going to […]
In horse racing we have the Triple Crown, on Wednesday the Metals had their own race. Gold, Silver and Platinum had reversed early Wednesday and were getting hammered. By the end of the day they […]
