Gold’s Search for a Bottom
Gold’s Search for a Bottom
The Gold bugs continue to call ‘fix and manipulation’ because Gold and Silver continue to get hammered. Out of all asset classes in the world the metals cause the most emotional […]
Gold and Silver Under Pressure
Overnight and this morning Gold and Silver are under pressure with Silver breaking through the key 25.00 level trading 24.80 as of 4:20 EST. We will now assume the 24.00 level is in play which […]
Gold on Its Way To 1700, Silver 26
If you are a horse racing enthusiast one of the biggest things to understand is the formation a horse is running. Everyone of us has good days, bad days and like horses we have form. […]
Gold Holds True to Form, Silver Joins In
The selloff in Gold continued on Monday and so far, today. 1700 April Gold futures which we could see today. There is no doubt there will be some sort of bounce in Gold, but the […]
U.S. Markets Closed Gold Under Pressure
Although the U.S. Markets are closed today for President’s Day, markets still trade electronically until 1:00 EST. The trends have not changed with equities making new highs once again, Crude exploding higher and Bonds getting […]
Gold, Silver and Platinum Should Go Higher
After Monday’s big rally in Gold and Silver they have confirmed the breakouts and should continue to run higher. Platinum was the weakest of the group on Monday, but held support and should join the […]
Gold, Silver and Platinum Struggle to Hold Gains
All markets move under the same types of circumstances, they trend, consolidate and blow off. Watching the metals over the last few days they are in the consolidation phase. This is common considering markets spend […]
Gold, Silver and Platinum Under Pressure
Last week Gold and Silver tried to rally and reverse trend, they failed. This morning, after churning around unchanged until around midnight, suddenly the sellers showed up until about 3:30 am EST the selling was […]