Surprise, Gold, Silver and Platinum Rallies Fail
Like the soap opera’s, Gold, Silver and Platinum are keeping is on the edge of our seat. In recent trading action rallies have failed but left us close enough to consider reversing to the long […]
Gold, Silver and Platinum Remain in Downtrends
Once again Gold, Silver and Platinum failed at resistance and look ready to test the bottom end of the range at support. The long-term trend remains the same, down, which is keeping us short.
Monday saw […]
Are We Having Fun Yet? Gold Continues to Churn
The torture chamber remains open, gold, silver, and platinum continue to consolidate looking for a spot to breakout. We know that they will have to eventually break out in one direction or the other, as […]
Gold, Silver, The Saga
The saga continues as gold and silver hover near the bottom and of their trading range. On Wednesday when it looked as if both gold and silver were ready to break down, in came the […]
Our Positions in Gold and Silver Look Bad
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 […]
Gold and Silver Remain in Downtrend
Yesterday we asked the question as whether Gold and Silver were reversing. The short-term answer is no. Although Tuesday saw a point during the day that would have reversed our positions, it did not close […]
The Rally is Over, Gold and Silver Should Head Lower
After yesterday’s pummeling in the metals, especially Gold and Silver, the rally is over. As noted, we were no longer buying support, we are observing and look for directional change. We have the change and […]