Did Gold Prove the Selling is Over?
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 […]
Gold, Equities Struggle to Find a Direction
For weeks, the metals, equities, and other markets have created many challenges for traders. The trends have been established, however follow through has not been there. In other words, most markets are consolidating as they […]
What’s Next for Markets?
On Monday markets looked as though they were ready to collapse with no hope for a rally. However, out of nowhere came a massive rally in the NASDAQ reversing almost 300 points from the lows […]
Gold, Silver, and Platinum Headed South
Gold and silver continue to head south, and platinum has now joined the party. The failure to break out the last couple of days should turn out as added fuel to the downside of these […]
How Long Can These Patterns Last in Gold, Silver And Platinum?
The simple answer is no one knows. All markets go into different phases, the basic three are congestion, breakout and blowoff. The pattern that torments traders and investors alike is the congestion phase, also known […]
Gold Holds 1700 Yet Again
Another day that Gold futures look ready to break to the downside, another day it holds the key level of 1700 June Futures. No matter how bad Gold looks, no matter how many sellers show […]