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 […]
Gold and Silver Waiting for the Launch Codes
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, […]
Decision Time for Gold and Silver
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 […]
Did Last Week’s Action Change the Trend in Gold?
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, […]
Gold is Like a Nightmare
Gold is Like a Nightmare
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, […]
Gold and Silver Under Pressure
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 […]
Microsoft in Talks to Acquire Discord
Microsoft Corp. is in advanced talks to acquire messaging platform Discord Inc. for $10 billion or more, according to people familiar with the matter, as the software giant seeks to deepen its consumer offerings. Microsoft […]
Gold and Silver Head Lower
The trend for Gold and Silver remains lower and both are under pressure this morning. They have both rallied a small amount from their lows but look weak just the same. The lower trend brings […]
Gold and Silver Hover Around Key Levels
The patterns in Gold and Silver remain constant with continued weakness. Our expectations that Gold and Silver would rally into resistance has failed. We were looking for a run in Gold to 1750 April Futures […]
Gold and Silver Showing More Signs of Weakness
Gold and Silver are both slightly higher overnight but continue to show signs of weakness. With each rally attempt Gold and Silver show a lot of room on the downside. Our first resistance in Gold […]