Over the past two weeks the broad market has been inching its way higher. The recent intraday volatility indicates bull and bears are both trying to take control. Money flows in one hour and out the next. This is not the greatest price...
So many people want to know how to trade gold and to be honest, if your patient enough to wait for a buy signal and low risk setup then trading gold can really pay off with only a few trades. This report shows a couple charts which I...
So far this week has been very tame as traders are sit on the side lines, waiting to see which way everything will go. I have posted a few charts so we can keep tabs on where gold, silver and oil are currently trading as we go into the...
Gold and oil traders have been on edge for the past few weeks wondering if prices will drop or rally from this correction/pause in prices. You will see in the charts below that gold and oil are at points where they could go either way very...
This week in gold we have seen prices drop lower creating a lower low. This is generally not a good sign if we want to see higher prices in bullion and gold stocks. That being said, a lot of traders are now starting to short gold because...
The Gold sector has been performing relatively well over the past month. The price of gold has broken trend line support but is still holding horizontal support and forming a bull flag. Gold stocks and the broad market have been performing...
Last week all three resources pulled back after posted gains the week before. This week will be interesting with gold trading at support, silver just above and oil looking like its going to come down and test support as well. This week I...
Gold bounces off support again today with some indicators pointing to much higher prices.
GLD Gold ETF Fund - Daily Trading Chart
This week gold has been pulling back after last week's massive one day rally. Hopefully that rally was not...
The next gold bull market could be just around the corner and with thought in mind; it has many traders and investors on edge, because they are worried they could get left behind. In the past few months, gold has been extremely volatile,...
What a crazy day! The Fed's announced plans to buy long-term Treasury bonds and increase its purchases of mortgage backed securities today sending everything higher except the US dollar which plummeted nearly 3% Wednesday.
Gold sold down...