Gold and Silver Update | Reversal or Continuation on Gold?

Gold and Silver both put a bottom at the 200 day moving average support. So the question is will this be the bottom for Silver and Gold, or will we see a continuation? There are two scenarios here: either we shall get a reversal pattern (indicating that Gold/silver will go higher) or we shall see [...]

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Gold And Silver Outlook | Will Precious Metals Rally From Here?

Quick outlook for the Gold and Silver Markets and whether they will rally in the short term: Gold Gold is now exactly where it was at the time QE3 was announced in September. It is 5% lower from its recent highs and currently is resting above the psychological $1700 support level. But will it rally [...]

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Will Gold Go To 1300? | Outlook on Gold Markets

Traders Alessio Rastani and Kevin Burton discuss the outlook on Gold for the coming weeks and months (see above video). One of the topics discussed was that Gold is looking very choppy at the moment and not attractive environment for traders. Gold has also tested a critical support level around the 1550 – 1560 region. [...]

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Gold And Silver Update | Will Metals Break Below September Lows?

In my previous update on the metals, I alerted our readers that two very good potential short trades were setting up on Silver and Gold. Those trades came to fruition and have proved to be very profitable so far.

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Stock Market Update | How Much Lower Will Markets Go?

On Monday I posted on my facebook page that if the S&Ps (ES) closed below 1200 we were going to see much further downward movement on the stock markets.  The ES closed almost 10 points below the 1200 level on Monday, and since then the markets have slided much lower (currently at the 1152 region).

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Gold And Silver Markets | Where Are Silver And Gold Prices Headed?

On September 19th I predicted on my Facebook page that Gold prices were set for an imminent sell-off.  The bearish double top pattern on the daily chart of Gold and the fact that Gold prices were over-extended on the weekly charts were warning signals that the yellow metal had some selling off to do.

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False Downside Breakout On The Dow A Reversal?

If you had logged onto your computer and observed the markets during the early hours of Tuesday morning, you would have seen a far bleaker picture than the one you would have seen some seven hours later. The Dow and S&P played their famous game of cat-and-mouse with traders, penetrated the February lows, only to retreat [...]

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