Tag: precious metals
Precious Metals Trading Forecast: Breakouts for Gold, Silver, and Miners
It was a great week for Gold, Silver, and mining stocks.
Strong price movements to the upside created breakouts above descending trend lines (bullish).
These buy...
Why We Bought Gold (GLD) Before Thursday’s Gap Up
Last Wednesday, Mish went live on Fox Business “Making Money with Charles Payne” and gave out a very bold pick: Gold.
Or, at least bold...
Expect A Gold Bounce That Could Turn Into More
Gold bulls received a setback earlier this month when the price of gold poked beneath an important support level.
Despite this, we believe gold prices...
Is It Time To Be Bullish Gold? Fibonacci Retracements Analysis
Gold has had a rough six months, with the Gold ETF (GLD) dropping 20% since peaking in August 2020. While many consider gold to...
Is The Gold Bear Market Almost Over?
Gold's long drawn out sideways-to-lower consolidation recently gave way to a selloff.
Blame it on rising bond yields / interest rates, blame it on the...
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...
