It’s amazing how similar or correlated products can really trade in opposite directions. Gold and silver are doing just that. Although, they look similar in the charts, silver is in an uptrend as gold remains […]
Gold and silver tried to take off Monday before failing about 1860 gold, 22 silver. We expect this pattern to continue based on the price action. There is nothing to get too excited about although […]
As you regular readers know, we have been short Gold and Silver for quite awhile now. The pressure mounts as the metals try and breakout to the upside. What we are seeing in the price […]
Although Gold is getting hammered this morning, based on yesterday’s close the trend has reversed to up. We will look at this as an opportunity to buy at better prices but buying we are doing. […]
As we approach the final week of 2021, Gold remains in a struggle to reverse from the short side to long. Although Gold has broken through 1800, its inability to find a consistent rally will […]
Gold, Silver and Platinum are positioned to make another run to the downside. The trio remain weak and without energy indicating lower prices are ahead. There is nothing that indicates this pattern is changing anytime […]
Another day, another mixed day in the metals. Gold and Silver appear stuck in quick sand as buyers don’t have enough power to push them up and the bears don’t have enough to push them […]
On Friday Gold, Silver and Platinum had big rallies, in impressive action Gold was up 25, Silver .51 and Platinum +31. However, it wasn’t strong enough to reverse the recent downtrend. Gold looks the best […]
Like watching a great sporting event, viewers and fans always want to see the replay repeatedly. Gold and Silver look like they are setting up such a play. The fact that the exact pattern is […]
