Gold and Silver Stay Short
For the past few days, we have been watching Gold and Silver expecting a possible trend change with a reversal to the long side of the markets. Thursday’s rally was not quite enough, although it […]
For the past few days, we have been watching Gold and Silver expecting a possible trend change with a reversal to the long side of the markets. Thursday’s rally was not quite enough, although it […]
Gold and Silver continue to churn in a range. The tighter the pattern trades the bigger the move that is expected. Although we are short and will stay there until the algorithms tell us differently, […]
Here we are once again at a decision point for Gold, Silver and Platinum. The price action suggests a big move is coming, the direction is the only question. The pattern of consolidation will lead […]
Many Gold bugs continue to try and call the bottom for the yellow metal. Last week’s action was just what the doctor ordered for Gold – or was it? Obviously, there is no simple answer, […]
The simple answer is: we don’t know. However, based on price action Gold has a lot more room on the downside. Dead cat bounces happen in all markets all the […]
The Gold bugs continue to call ‘fix and manipulation’ because Gold and Silver continue to get hammered. Out of all asset classes in the world the metals cause the most emotional […]
As we look at Gold right now it’s like a nightmare, it keeps getting worse and worse. Silver looks bad as well but not yet in the same category as Gold, […]
Overnight and this morning Gold and Silver are under pressure with Silver breaking through the key 25.00 level trading 24.80 as of 4:20 EST. We will now assume the 24.00 level is in play which […]
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. […]
Wednesday saw another weak attempt at a rally in the metals. By the end of the day Gold was slightly higher, Platinum flat and Silver lower on the day. All three are setting up for […]