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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 […]

By |2020-09-18T10:45:07-04:00September 18th, 2020|Articles|Comments Off on Are We Having Fun Yet? Gold Continues to Churn

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 […]

By |2020-09-10T11:38:47-04:00September 10th, 2020|Articles|Comments Off on Gold, Silver, The Saga

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 […]

By |2020-09-01T11:07:19-04:00September 1st, 2020|Articles|Comments Off on Our Positions in Gold and Silver Look Bad

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 […]

By |2020-08-19T12:16:59-04:00August 19th, 2020|Articles|Comments Off on Gold and Silver Remain in Downtrend

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 […]

By |2020-08-12T12:45:12-04:00August 12th, 2020|Articles|Comments Off on The Rally is Over, Gold and Silver Should Head Lower