Can Gold Hold the New Uptrend?
Although Gold is getting hammered this morning, based on yesterday’s close the trend has reversed to up. We will look at this as an opportunity to buy at better prices but buying we are doing. […]
Although Gold is getting hammered this morning, based on yesterday’s close the trend has reversed to up. We will look at this as an opportunity to buy at better prices but buying we are doing. […]
Monday Gold churned around the mean attempting to reverse the trend and failed to do so. This morning Gold is higher and once again will attempt to sustain the rally to reverse.
We must remember that […]
Not much has changed with Gold, Silver and Platinum. They are all in uptrends and are ready to run. Yes, they had a rough Tuesday and are lower this morning, however the overall pattern has […]
Tuesday was a wild day for Gold, trading up to 1786 before failing and closing at 1769.4. The rally did fail however Gold managed to put in a higher low. This type of action leads […]
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. […]