Tag: precious metals
Precious Metals Outlook: Is Gold Broken?
It is a reasonable question and certainly top of mind after the yellow metal (gold) has declined from just over $2,000/oz in early August...
Gold Futures In Weak Position; $1700 Important
Gold has struggled to get anything more than a short-term rally off the recent MOB support band in the $1780 area.
We have price declining...
Gold Price Consolidation Drags On, Levels To Watch
After a stellar first 7 months of 2020, gold peaked in August and turned sideways-to-lower.
And it has been trading sideways-to-lower for what seemingly feels...
Gold Bugs Index Testing Critical Price Support!
Last year's rally in the price of Gold brought renewed excitement to gold bulls (and gold bugs).
And it all makes sense...
A pandemic, political unrest,...
Physical Silver ETF (PSLV) Testing Monthly Breakout Resistance!
Silver prices shot higher to begin the month, pushing up over $30 (albeit briefly).
This has been bullish for ETFs in the Silver space, including...
Gold Bearish Reversal Breaks Short-Term Trend Line
Gold's breakdown has violated the minor trend from December into the week's end. It has recovered some lost ground but remains below the trend...
Silver Miners ETF Testing 9-Year Breakout Level!
In less than a year's time, the price of Silver has rallied from around $12 dollars to the recent highs just over $30.
That's quite...
Gold Futures Buy Signal May Point To $1992
Our last buy signal on Gold futures was on January 11 when we had February gold turn up from an ellipse buy signal.
Our bullish...
The Federal Reserve’s Ever-Growing Golden Footprint
What is a Dollar?
The value of a dollar is a figment of your imagination. A “greenback” is a worthless piece of paper backed by...
Gold Futures Record Ellipse Buy Signal, $1860 Important
Recent selling in gold futures has been strong and swift. However, the price of gold is trying to reverse higher yet again.
I remain...
