Gold is still clinging to the uninspiring support area in the 1670s. As it stands now, the 'handle' consolidation/correction that I'd originally projected in 2020 has long since given way…
What does it mean that gold is tanking to new correction lows while silver remains relatively firm? Gold (daily chart) is on the very cusp of slipping the last ditch…
In an 'all one market' signal, gold, silver and copper are contrary constructive, bullish and bullish respectively by sentiment/positioning in the Commitments of Traders Gold improved this week from an…
Support at 18 (+/-) is giving way (I'll probably release SLV) and the weekly chart shows the next two objectives, should this not prove to be a fake out prior…
The US dollar and the Gold/Silver ratio are bulling together... And per the Seinfeld bad chicken episode, "that's not gonna be good for anybody." https://www.youtube.com/watch?v=Lo-Ul0tWHpg Here we see Uncle Buck…
Just a quick FYI that the gap in gold and the implied gap in silver have filled. The chart shows GLD and SLV. I sold AEM earlier but may need…
If you are like me you may have had some measure of mental macro whipsaw recently as the short-term signals bounce from disinflationary/Goldilocks to inflationary and back again. Fairly annoying.…
A daily chart view for short-term reference. Gold has bounced to the SMA 50 and resistance associated with that area. Option 1: Bounce failure. Option 2: Break on through to…
FOMC came. FOMC laid a .75% egg. FOMC rode off into the sunset until September. Meanwhile, signs of global economic contraction continue to crop up as the Fed fights the…
Gold thus far holds the support, which can be seen on a weekly chart per a July 21st update. Here is the updated daily for review. Silver is the precious…
A very simple update. This morning in pre-market the precious metals were tanking. Now? Not so much. Gold slammed the next support level we have noted at around 1680 and…
Yesterday's little contrary CPI bounce has failed as of pre-market this morning. Stocks (ES, NQ, Global) are down and base and precious metals are down as well. They of the…
Metals Commitments of Traders are contrary bullish The gold price chart is looking bad technically. But the gold CoT alignment, especially where the little guy (blue) is concerned, is contrary…
I added SLV in after-hours based on Silver (futures, weekly chart) proximity to the clear support zone from 18 to 18.60. I prefer the metal to the miners at this…