Sound Familiar, Gold Fights for 1800
Here we are once again with Gold fighting at the pivot point of 1800. This battle has gone on for months indicating months of congestion. This time around, the trend is lower meaning that 1800 […]
FED Sticks it to Gold Once Again
The FED sticks it to Gold traders once again, which is no surprise. There are so many flaws with the FED going back 108 years. They have proven many times to never make the correct […]
Gold Starts the Year Under Pressure
Monday was the first trading day of the year – Gold, Silver, and Platinum got hammered. The selling started early and never relented. The pressure on Gold was enough to reverse our trading position back […]
New Year, Same Price Action for Gold
The new trading year begins today, obviously it is too early to make a call on Gold, Silver and Platinum. However, as the new year begins, we are long Gold and Silver; we would be […]
What Does 2022 Hold for Gold, Silver and Platinum?
Today ends 2021; the year in metals was not pretty. Gold, Silver and Platinum all closed lower from where they opened the year. None of them could seem to get a consistent trend, Silver had […]
Gold Looks Ready to Reverse
Monday Gold churned around the mean attempting to reverse the trend and failed to do so. This morning Gold is higher and once again will attempt to sustain the rally to reverse.
We must remember that […]
The Moment of Truth for Gold and Silver
After reaching lows on Wednesday morning before the FED announcement, Gold, Silver and Platinum have rallied hard and appear ready to reverse direction. Today’s action is the key; a higher close will probably trigger a […]
Gold and Silver Struggles Continue
The struggles for Gold and Silver continue with their inability to sustain any rally. None of this should be a surprise to anyone. We never know exactly when a market can turn but we can […]
Gold and Silver Bounce, Not Very Impressive
Friday’s jobs number was a disaster as was the drop in the employment number which indicates no job growth and many giving up and not looking. After the news hit Gold and Silver bounced while […]
New Day Same Problem, Gold and Silver Under Pressure
For weeks, Gold and Silver have been under pressure. Even when it looks like they are going to turn around the sellers show up. Wednesday Gold and Silver were higher early only to fail again. […]