Can Gold Hold the New Uptrend?
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. […]
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. […]
Gold is once again trying take takeout 1800 February futures. For now, we will assume that it will fail. 1800 has acted like a magnet for the past few weeks; when it gets above it […]
The Gold Bugs want to know if the bottoms are in; of course they never think the yellow metal goes down. The answer is not an easy one, based on the chart and price action […]
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 […]
Like the birds that heads south for the winter at the moment it appears Gold, Silver and Platinum are going to join them. The facts are simple, every rally attempt has failed. The metals are […]
Gold and Silver can’t seem to gain any footing as they continue to struggle in the current consolidation pattern. The battle between the bulls and the bears at the 1760-1800 level in Gold and 2180-2240 […]
Here we go again, the gold bugs will be out touting how high gold is going. As we have written in the past, there is no doubt Gold, Silver and Platinum will be higher in […]
First, lets be clear about one thing. I’m a big fan of owning physical metals which I will never sell. Second, I will trade the paper gold long or short depending on the trend. However, […]
As we approach the end of the year, Gold, Silver, and Platinum have work to do on the downside. The dramatic drop last Friday, Monday and Tuesday did a lot of technical damage to the […]
Gold, Silver and Platinum have been under heavy pressure destroying every support level on the way. From a purely technical view of the charts, they have all broken down which brings much lower prices into […]