Gold and Silver Going Lower
Gold and Silver are following the children’s book, “The Wheels on the Bus” go round and round, which describes the current pattern in markets. For months we have been trying to write about these markets […]
It’s True, Gold is Breaking Out to the Upside
Gold has finally broken out to the upside with Thursday bullish action. The action has been attempting to breakout for weeks, but kept failing leaving a bearish tint around the yellow metal. We have reversed […]
It’s a Breakout – Gold and Silver Take Off
For the past few weeks, we have been long Gold and Silver looking for a breakout to the upside. We are now seeing the expected breakout to the upside as Gold blew through 1800 and […]
Gold, Silver and Platinum Getting Ready to Launch
After being in downtrend for months, the metals continue to set up for a big rally. The price action gets increasingly bullish each day. Interesting to say when the markets have hardly moved, the fact […]
Gold, Silver Lower but Bullish
On Wednesday both Gold and Silver had solid rallies. The move in Silver was big enough to turn us bullish making us long Gold and Silver. As we have written for weeks when the signal […]
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 […]