Gold & Silver

Silver Prices, Sentiment Trying To Bottom: ETF Levels To Watch

While many point to the Federal Reserve as the tide that raises all ships, the boats carrying commodities have all but sank over the last couple of years. Silver prices have fallen nearly 30% since it’s 2014 high alone and made a series of lower highs and lower lows. It’s hard to argue against the notion that Silver is in a bear market as each rally gets faded. We can also

Is It Time To Buy Gold Again?

Gold has been a major topic of discussion thus far in 2015. We saw Gold prices make a violent move up at the beginning of the year only to fall just as quickly in February. It feels like Gold has been in a bear market for years and years, but amazingly, it’s been fairly stable for the last year and a half. To get a better idea of what is

Silver Prices Preparing For A Strong Rally

In September, we alerted readers to watch Gold and Silver prices for a development that could signal a market low. We believe that low arrived on November 30, and prices are now tracing an upward pattern that should continue until the middle of 2015 or beyond. For several reasons, we expect the current price area to serve as a base for both precious metals to rally. This article presents our

Gold Ends Higher: Will GLD Reversal Set Up A Tradable Rally?

Gold futures dropped sharply this morning, hitting a low of 1197 and taking the Gold ETF (GLD) down with it. In the process, GLD broke through a backtest support line. By all accounts, this looked like a continuation day to the downside. BUT, something interesting happened: there was a big GLD reversal. And this reversal could setup a tradable rally. So what set up this GLD reversal and what do we

Will Silver Prices Hit New Lows In 2015?

There’s been quite a bit of volatility with Silver prices. After a nice rally into early 2015, the past 2 weeks has ushered in some price weakness. And this begs the question: Do lower prices loom for Silver in 2015? Back in August 2014, I wrote an article projecting lower Silver prices. In that post, I used my custom Fibonacci method to calculate probable Silver price targets over the short and long

Gold (GLD) At Crossroads Heading Into January Jobs Report

A matter of weeks ago, Gold (GLD) was left for dead, and undesirable to investors. The yellow metal was trading near the lower bounds of its range when it suddenly flipped on the rally switch into January. Aaron Jackson called our attention to the rally prospects with his post: Is A January Gold Rally Taking Shape?  The rally saw Gold prices move above $1300 for the first time in 5

Silver Prices Nearing Major Technical Resistance Into $19

Silver prices have enjoyed a nice rally in the early going of 2015, reaching up as high as $18.50 per ounce. The recent thrust higher likely has to do with European concerns and tension around the Swiss National Bank situation and the ECB bond buying program, but either way, price has moved higher. It’s also worth noting that the rally has landed silver right in thick of heavy price resistance.

Silver Copper Ratio Breakout Triggers Pairs Trade

Silver has been setting up pretty well for a trade. I noticed this a couple weeks back and posted about a pairs trade with Copper (long Silver, short Copper). You can read that post here.  Why was I interested in this trade? Well, in short, Silver looked like it was ready to move higher while Copper still looked week.  And this was visible on the Silver Copper ratio chart. The chart below

Gold On The Move: A Pathway To Higher Price Targets

Gold has been beaten down pretty good since the 2011 highs. And it seems like the past year or so has been a “wear the bulls out” period, as Gold has traded sideways to lower in a grinding fashion. Back in October, I wrote a post on Gold showing how a “fundamental frequency target” can be derived using the “major” first swing to develop price and time targets. The target date was December

Is A January Gold Rally Taking Shape?

After Gold prices fell below $1200 per ounce, it seems like many investors have begun to tune out the yellow metal. But since the start of the New Year, Gold has risen almost $30 and is now back above $1200. Could this price action be signaling a January Gold rally? The one hour chart of Gold outlines a potentially huge pivot shift in supply & demand that savvy traders may be able to