Here we go again, Gold is attempting to breakout of the first level of resistance, however that does not change the overall bearish pattern. Overnight, Gold traded at 1929 December futures and has now pulled […]
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 […]
It is about 2:30 am EDT, Gold Silver and Platinum are slightly higher this morning. The Sunday night open was slightly lower, after hours of consolidating they have started to breakout to the upside on […]
Crazy markets create opportunities and the action in Gold, Silver and Platinum are no different. Trading the congestion pattern is challenging, however the pattern itself creates opportunity to add and manage a position with the […]
Gold, Silver and Platinum are all in similar patterns, all in a downtrend, all consolidating between two levels and all looking to breakdown. We have been short since mid-August and now look for the next […]
As much as many believe that Gold, Silver and Platinum are buys, there is one simple thing to understand: the trend in metals is lower until proven otherwise. There is one simple fact since peaking […]
While the Gold bulls continue to insist that the bottoms are in, the simple fact is they are not. Unfortunately, there are too many that get too emotional about their opinion versus the simple facts […]
Here we go again, another instant replay as Gold, Silver and Platinum consolidate. The uncertainty surrounding the metals continues to have false starts in both directions, failing at resistance and rallying from support.
However, as the […]
Tuesday all looked right in the world, Gold, Silver, Platinum, and equities were running higher. Out of nowhere around 8:00 am EST small sellers started to show up and markets saw a little selling, which […]
Equity markets have started to breakout to the upside with the exuberance of President Trump being released from the hospital on Monday, meanwhile the metals remain in a downtrend. Though Gold, Silver and Platinum also […]
