A Fresh Look at Precious Metals
We finished a very heavy week filled with all kinds of economic data:
Fitch Downgrade
Earnings-Amazon up Apple down
Jobs Report-Wages rising
Treasury Yields higher-at October 2022 highs
Record...
Gold ETF (GLD): Watch Rising 40-Week Moving Average
Gold remains elevated but is having trouble getting traction with its recent rally attempt.
With a crazy political environment, domestic inflation, and war abroad, one...
Precious Metals Gold and Silver Trigger Bullish Trading Signals
It looks like the precious metals are gaining some momentum.
Gold futures put in an ellipse trading buy signal and we see a potential move up...
US Dollar Deja Vu? Repeating Bearish Pattern In Play!
Recent weakness in the US Dollar has helped to propel commodities such as Gold and Silver higher.
Today's analysis showing a potential repeating pattern that...
Is Inflation Permanently “Dissed”?
I wish I could say that the clearly impressive trend from peak until now in CPI and PPI is sustainable.
However, I am more inclined...
US Dollar To See Further Weakness? Gold Bulls Hope So!
After peaking in 2022, the US Dollar Index has spent nearly a year in decline.
But it may be set to fall even further. And...
Gold Miners ETF Breaking Out of Bullish Falling Wedge Pattern!
The precious metals complex may be ending a 2 month pullback / consolidation pattern.
And perhaps in grand fashion!
With Gold and Silver prices bouncing off...
Silver Prices Testing 800 Pound “Pennant” Breakout Resistance!
Just yesterday, we discussed the massive "cup with handle" formation on the gold price chart and how a breakout over $2200 could sent gold...
Gold Nearing Major Breakout, Could See $3,000 or $5,000!
Over the past few years, we have written several articles about the potential "cup" pattern on gold.
And now gold has formed a "handle". This...
Gold Price Actions Suggests Bulls Need a Refresh
Gold remained elevated for much of this spring, but trading became "heavy".
In trading terms, that's when price stalls out in a consolidation pattern but...