Gold Technical Analysis Points to January Trading Bottom
After a Fed-induced rally into October 2012, precious metals lost their luster, trending lower for much of the past 3 months. This price action...
Copper Weakness a Wait and See Game
By Andrew Nyquist
Since the late 2011 highs, Copper has shown relative weakness to equities... and for that matter, to almost everything else on the trading...
Copper Prices Heavy But Rebound Nearing
By Andrew Nyquist
Copper has had a rough go of it lately. As the global financial markets have pulled in, Copper prices have dropped roughly 9...
Chartology: Silver Bulls Hoping 20 Week MA Holds
By Andrew Nyquist
The past few weeks have definitely been heavy for Silver (SLV). Since hitting the 38.2 percent Fibonacci retracement level, silver has been hit...
Macro Technical Update on Silver
By Andrew Nyquist
Due to time constraints this morning, I'm going to keep this a bit short and let the charts speak for themselves. In summary,...
Silver Knockin On Fibonacci’s Door
By Andrew Nyquist
Since breaking out above its downtrend line, Silver (SLV) has rallied to the key Fibonacci retracement level of 38.2 percent ($34.12). This level...
Gold Consolidation Continues Near Key Resistance
By Andrew Nyquist
Consolidation is A-Okay with Gold (GLD) bulls. Or at least it should be. In fact, a quick low volume move lower may assist in...
Market Update: Helicopter Ben Lathers Up the Equity Markets
By Andrew Nyquist
After taking a few days to consolidate gains following the Bernanke-Draghi two week two step, the market "liquidified" again... as in, rained dollars...
Gold: Historical Precedent and Seasonality Point to Higher Prices
Over the last three weeks the gold story has reasserted itself as the top story of the global capital markets. Since the August 20...
Weekend Market Update: What’s Next for Mr. Market?
By Andrew Nyquist
Well, so much for the boring sideways market! Although some may have been caught flat footed on the direction of the move, most...