Gold, Silver and Platinum Ready for Blastoff
Gold, Silver and Platinum appear to be on the launching pad ready to blastoff to the upside. All three are pushing through their resistance levels, making a run to the upside a high probability. The […]
Gold and Silver Running Higher
Yesterday we mentioned and explained buying the dip when markets are in uptrends and selling rallies when in a downtrend. The support level we were looking for was 1760 December Gold, the low was 1760.3. […]
New Day, Same Lousy Trade for Gold and Silver
Traders like to see action in markets knowing the more they move the bigger the opportunity. The trade in Gold and Silver has been dead with virtually nothing to do. This type of action haunts […]
Gold and Silver Dealing with Ignorance
Gold and Silver continue to be under pressure, as much as the bulls deny the facts the trend is lower. For those who read me regularly you know I’m a believer in metals: Gold, Silver […]
FED Flattens Silver and Gold
The FED does it again, more ridiculous policy decisions that took the wind out of Gold and Silver. Wednesday before the FOMC decision on interest rates Gold and Silver were rallying, trying to reverse the […]
Equities Getting Hammered, Gold and Silver Flat
Friday was triple witching expiration and markets sold off. This morning equities are under pressure again hinting at a trend change. One would think Gold and Silver would be charging higher however they are slightly […]
Gold Uptrend, Silver Downtrend – Both Miserable
For our regular readers you know we trade with the trend of our proprietary algorithm but always accumulate physical, gold, silver, and platinum. The recent action in metals has been awful making the trading tough. […]
Gold and Silver Create a Challenge
As summer ends the challenge of trading markets has been as tough as it gets. Volume and market action have been nonexistent. From equities to bonds, crude to soft commodities there is little action. Gold, […]
Gold, Silver and Platinum Quiet after Friday’s Rally
Friday saw a weak jobs number which we expected. The weak numbers propelled Gold, Silver and Platinum much higher on Friday. As of this writing the metals are mixed with Gold slightly lower, Platinum flat […]
Gold, Silver and Platinum Should Remain Quiet
Markets are as quiet as they get this time of year. There is very little information that will drive markets in either direction, hence the pattern we are stuck in now. Although we can identify […]