Yesterday, gold once again closed higher than it had in the previous several weeks, which seems like a very bullish development for the entire precious metals market until one realizes that miners are still close to their most recent lows. Plus, gold didn’t manage to hold well above the 50-day moving average – it declined before the market closed and ended the session more or less at it.

Even though it doesn't seem like a lot changed yesterday - it did, and we have adjusted our trading positions accordingly.

• Read more

Yesterday, gold closed higher than it had done in the previous several weeks, which seems like a very bullish development for the entire precious metals market until one realizes that miners are still close to their most recent lows.

Apart from commenting on the current situation in the precious metals market, in today's alert we discuss the very important issue of determining if the final bottom is indeed in.

• Read more

In our previous Gold & Silver Trading Alert we commented in great detail on the situation in the currency sector by reviewing the outlook for the USD Index from various perspectives. These comments remain up-to-date, so today we will focus on the gold market and the most recent performance (or lack thereof) in mining stocks.

• Read more

Yesterday’s trading can be described as a pause. The preceding price moves suggest that a good reason for a pause in the gold market was a pause in the USD Index. There are many factors that gold & silver investors and traders need to keep in mind, but the key one is the USD Index – and that’s what we’ll focus on in today’s alert.

• Read more

Gold, silver and mining stocks moved higher yesterday as the USD Index declined. The price action was not unexpected, but since gold reached its May/June high on high volume (and reversed), it’s natural to ask oneself if the top is now finally in.

• Read more