Gold, Silver and Platinum: Another Day, No Change
The redundancy of it all, Gold, Silver and Platinum remain in a weak pattern. Every rally continues to be met by sellers. On Tuesday we saw a a solid rally that turned lower on the […]
Gold, Silver and Platinum Remain Weak
Gold, Silver and Platinum remain weak and should continue lower. Although there has been attempts to rally, they are continuously met with sellers. Monday saw another failed attempt.
This morning the metals are lower and reaching […]
Gold and Silver Possibly Changing Trend
Gold and Silver appear to be in the process of reversing direction and switching from a downtrend to an uptrend. This morning’s rally in Gold taking it over 1800 August futures which is the key […]
The Duke Brothers are Selling Gold
The Dukes know something; they are selling Gold and Silver. The weakness in the metals continues to follow the trend – every rally the sellers show up. Obviously, the trend will last until it doesn’t. […]
Gold and Silver Remain Weak
Gold and Silver remain weak on pathetic volume and lack of interest. Since Gold and Silver are popular assets, we will assume the weakness is due to underlying pressure and not a lack of interest. […]
Gold Finds New Resistance – Heading Lower
The metals have been quiet this week while at the same time confirming their trends and establishing new levels. Gold remains in a solid downtrend and has established a new resistance level. We are now […]
Gold Attempting to Reverse Trend, Platinum Breaking Out
Last night and this morning Gold is trying to reverse trend as it breaks through the 1840 level. The next key level is 1860 based on April futures. The trend is still lower, and this […]
Silver, Gold and Platinum Get Clobbered
On Monday, the metals were charging higher, it appeared the rumors of a short squeeze in Silver were going to play out as Silver exploded higher. However, on Tuesday the sellers were back, and Silver […]
Gold, Silver and Platinum: Small Selloff Could Turn into Big One
There is just enough pressure on Gold, Silver and Platinum that we could see the big one. As the bulls and bears battle to hold their ground, it looks and feels like the sellers will […]
Gold, Silver and Platinum Look to Be in Trouble
It appears the churning of Gold and Silver is ending with the resumption of the downtrend. The inability to take out resistance is a clear sign that the buyers have failed, making room for the […]