Gold Sees a Short Covering Rally, Sell 1700
There is no surprise that gold has seen a small reversal this morning. After trading 1661 gold has rallied to 1689. We are sellers of this rally if it reaches 1700. The price action remains […]
There is no surprise that gold has seen a small reversal this morning. After trading 1661 gold has rallied to 1689. We are sellers of this rally if it reaches 1700. The price action remains […]
After the horrible trade the last couple of days, gold and silver are charging higher. The real question, is this another trap or is the rally real? Unfortunately, we don’t know the answer. This could […]
Monday saw a hard sell in gold, silver and platinum which was expected. The extent of the sell off was big enough to produce a rally in the next day or two but the sellers […]
As Gold pushes higher it has stayed on script, trading as expected. Tuesday’s pull back was met with buyers and this morning Gold is trying to break through the key level of 1900. Whether or […]
As Gold, Silver and Platinum prepare for the next big move higher they now find themselves consolidating. The bullish action shows us this consolidation at higher levels than before. The set up is bullish but […]
Monday saw a solid rally in Gold, Silver and Platinum, all reached a small level of resistance. Based on the current trend and price action they should reach their major resistance levels very soon. We […]
Monday was a solid day of gains for Gold, Silver and Platinum however none of them reached the key levels of resistance. The patterns are setting up nicely and we would consider step one completed.
For […]
The bulls have finally taken back control of Gold, Silver and Platinum. All three have now managed to reverse trend after their prolonged downtrend. We have seen them break […]
Gold and Silver are seeing a solid rally this morning pushing up to our resistance levels. Until proven otherwise, we are sellers at resistance with the trend still lower. Based on the trend and recent […]