Gold & Silver: One More Move Down?
Old trading wisdom was the title for the previous post "Buy Rumors, Sell Facts" played out the same day it was published on the Blog. The price of gold dropped close to 6% from the top of $1966, and...
View ArticleGold Is Well-Behaved, But Silver Is Not
Sometimes we cannot rely on the correlation between certain instruments as they suddenly interrupt the link. I added the U.S. dollar index (DXY) chart below to illustrate it. Surprisingly, gold's...
View ArticleIs Platinum A Runaway Train?
It looks like my post titled "Platinum Could Rocket To $1912" published in November 2019 could turn prophetic as the price of platinum price is moving quickly in the direction of the called target. The...
View ArticlePalladium Futures To $4,628?
Last summer I spotted a hot trading opportunity for you with 45% potential gain as Palladium futures were set to retest the all-time high. The progress was not as nimble as I thought; however, the...
View ArticlePlatinum And Silver Update
One of our regular readers kindly requested the update of Platinum chart. Here we go as promised. The global outlook for platinum posted in 2019 remains unchanged and you could see that big chart at...
View ArticlePlatinum And Palladium Update
I put the platinum first as it has a clearer structure. The big map has remained unchanged since 2019; I put it down below to brush up. We are in leg 2 (black) with a completed AB part (next chart). I...
View ArticlePlatinum Outshines Palladium, Yet Both Offer Opportunity
Almost four years ago, I wrote about the supremacy of palladium over platinum, and we watched the Platinum/Palladium ratio fall below its long-term valley of 0.56 oz. In contrast, today the...
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