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...
Chartology: Gold (GLD) Prices Break to 5 Month Highs
Not to be outdone by its glitter twin Silver, Gold (GLD) followed suit, breaking higher to new 5 month highs while poking its head...
Gold and Silver Holding Above Critical Support
By Andrew Nyquist
Last week, both Gold and Silver bounced off major support lines and thus far the bounce has been strong. But bulls shouldn’t let...
Gold Miners Capitulating Toward a Buy?
By Andrew Nyquist
Gold (GLD) is taking it on the chin today, and as a consequence, the Gold Miners (GDX) are getting bludgeoned. Not a huge surprise here, as...
Technically Speaking, Precious Metals a Mixed Bag
By Andrew Nyquist
Everyone seems to have a take on Gold and Silver these days. From government debt to a weak dollar/inflation to debt destruction/deflation... it's a...