April Fools, What’s Next for Gold and Silver
For the past three weeks gold and silver have been stuck in a tight trading range indicating a much bigger move is coming. The pattern we are watching is known as consolidation which is simply […]
For the past three weeks gold and silver have been stuck in a tight trading range indicating a much bigger move is coming. The pattern we are watching is known as consolidation which is simply […]
Like magic, gold and silver have pulled back to their key support levels of 1900 and 24.5. They are once again at the moment of truth leaving two options: breakdown or rally again. The trend […]
The past few days gold and silver have attempted to breakout to the upside but have failed. The next logical step is a return to support, 1900 gold and 25.5 silver. The pattern suggests a […]
Markets remain quiet and dull while the trading ranges tighten. The tighter the ranges become the bigger the next move will be. Along with Gold and Silver, equities narrow as well. The lack of volume […]
As expected, Gold, Silver and Platinum continue to churn around the mean. We remain short Gold and Silver which should pull back to at least the key pivots of 1900 Gold and 23.50 Silver. They […]
The FED has spoken. They didn’t say much but it was enough to create a sell off in Gold. This morning Gold is seeing a sharp rally from a major support level. That does not […]
You can’t always get what you want, the classic by the Rolling Stones, is playing right in front of us. We were long Gold, Silver, and Platinum and today we are short Gold and Platinum […]
Gold, Silver, and Platinum have passed the test of levels to get through with flying colors and prices. They are now set to test the next resistance levels. The price action has been very strong, […]
Gold and Silver are on their way higher although they appear to be taking a rest today. Last nights State of the Union was a nonevent for metals except the agenda appears to be very […]
When markets opened Sunday night/Monday morning, it had all the appearances as a repeat of Thursday’s action. Equities were getting hammered and once again recovered, similar action in many other markets.
After peaking at about 8:45 […]