tools spotlight
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Soaring Gold? Not Yet and not Yen.
October 18, 2018, 8:15 AMGold tried to rally once again, and once again an intraday upswing was all that we saw. There were no meaningful changes in terms of the closing prices. Gold appears to be preparing for a much bigger move than what we just saw, and we have just seen a very important signal from the Japanese yen that tells us what kind of move it is going to be.
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Quiet Signals Can Be Very Important Too
October 17, 2018, 9:10 AMYesterday's session was very boring and the same can be said about today's pre-market trading. Nothing really happened, so nothing really changed, right? Wrong. There were not one, but two important signals that we saw yesterday: one in silver, and one in the USD Index. Determining the precious metals outlook without taking them into account, would make one's analysis unclear at best. If you have an open position in gold, silver, and/or mining stocks, or are considering opening one, be sure to take these signals into account.
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Mining Stock Reversal – Really Bearish?
October 16, 2018, 8:18 AMGold, silver, and mining stocks rallied yesterday, but they gave back a portion of their daily gains before the end of the session. The reversal was particularly visible in mining stocks. Was that a top or just a post-breakout pause?
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Was Craziness the Spark that the Gold Market Needed?
October 15, 2018, 9:58 AMThe general stock market declined last week and the volatility index spiked along with the price of gold. Gold stocks were affected as well and the strength of impact was less visible in case of silver and silver stocks. Mining stocks have completed the inverse head-and-shoulders pattern and the PMs are up in today’s pre-market trading as well. Did the trend just reverse and what are the implications of what happened?
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The “Crazy” Day
October 12, 2018, 10:12 AMThe general stock market declined yesterday, but this time the session was far from being boring in the case of the precious metals sector. Silver moved higher in a moderate way, but gold and gold stocks soared. The President of the most powerful country on Earth called the decisions of the most important monetary official “crazy”. That’s definitely enough to shock the markets and to trigger a substantial move. Definitely a lot happened, but did as much change?
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