Gold Battleground 1800
It’s a new day but the same lousy action for Gold, Silver, and Platinum. The three are going nowhere; every rally is met with sellers and every sell off is met with buyers, hence they […]
It’s a new day but the same lousy action for Gold, Silver, and Platinum. The three are going nowhere; every rally is met with sellers and every sell off is met with buyers, hence they […]
This was loaded with news events from OPEC agreeing to more production, but Crude spiked 1.50. ADP Jobs Number was a miss, equities stayed up, Gold and Silver stayed marginally higher. Basically, they are hovering […]
Gold is breaking through the key resistance of 1800 as the churn continues. The 1800 level has been like a magnet, when it’s below it comes back as it does when it is above. It […]
This morning we are seeing Gold, Silver, and Platinum rallying. Gold is up about 6.00, Silver .20 and Platinum 7.00, but we expect these rallies to fail. Maybe not this morning or today, but over […]
Now that the FED has spoken, all expectations for Gold to take off to the upside has ended. The sellers have taken control and overpowered the bulls. Blame it on the FED, but that doesn’t […]
For the past few days, the equity markets have been getting hammered, the trend has reversed to lower. At the same time, Gold, Silver, and Platinum have had solid rallies. All three have made highs […]
Gold, Silver, and Platinum had nice rallies on Tuesday. However, the key level of 1820 February Gold was rejected. This morning Gold is trading around 1817, the possibility exists that it could breakout today or […]
We are seeing a solid rally in Gold, Silver, and Platinum this morning. Are the patterns reversing? We remain short across the board but can see a path to a reversal. A close above 1820 […]
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 […]
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 […]