Gold and Silver Stay Silent
Gold and silver continue their quiet trade as if they were wandering in the wilderness. If you gave them an EKG, both would be pronounced dead. Between the cries of manipulation and the faltering world […]
Gold Stays on the Bridge to Nowhere
Just when it looked like gold was ready to take off, the sellers came running back in. On Thursday gold was charging higher only to get pushed down again closing near the lows of the […]
Gold and Silver Struggle to Hold Rallies
Equities have been under constant pressure and are in bear markets. Except for the usual short covering vicious rallies, the trend has been solidly defined. Equities should continue to fall and all rallies that reach […]
Gold and Silver Churn Around the Mean
From the children’s book, gold and silver have become the bus where the wheels go round and round. The continued churn around the mean has been brutal along with light volume and little price action. […]
Gold and Silver Weak but Show Promise
Once again Monday gold show many weaknesses while silver had some strength. Platinum is finally showing some life and could lead the metals out of the doldrums. For now, we will remain short gold and […]
Gold and Silver Lousy Price Action
If you understand trading versus investing, then you should understand price action. Unfortunately, too many put their opinions above the facts. Fact, in the short run markets go up and down, sometimes trending for extended […]
Gold and Silver Getting Ready to Test Lows
For the past few months all markets have been trading on light volume churning around the mean. This is an indication of a much bigger move is on the horizon. Like the consolidation phase of […]
Gold and Silver: From Breaking Out to Ugly
Late last week gold and silver looked like they could breakout to the upside, they failed. Looking at the price action over the weekend the precious metals could be breaking down again, headed towards the […]
Gold and Silver Could be Breaking Out
As we often witness, gold and silver could be reversing trend. This morning they are both trying to break to the upside as they hover just above resistance. The keys to watch for today: Does […]
Gold and Silver Struggle to Reverse Trend
Gold and silver failed to breakout to new levels keeping both in a downtrend. The footprints that are left by price action are clear: gold and silver have a higher probability of going lower. There […]