The Fed raised the rates and provided the market with additional confirmation that it believes the economy is doing great – from the fundamental point of view implications for gold are negative. What about the technical ones? What happened yesterday could be even more important from the technical point of view than from the fundamental one (as bearish news from the Fed were more or less expected). You'll find details in today's Gold & Silver Trading Alert.

• Read more

During the previous week, we wrote about the daily declines in precious metals and their implications but weekly closing prices can often be more meaningful than the daily closes. Since we now have the weekly prices we can now better estimate what’s likely to happen next in the precious metals market.

• Read more

Gold, silver and mining stocks finally moved lower after several days of higher prices and one can say the opposite about the USD Index. Was this just a pause or a beginning of a bigger downtrend?

• Read more

Precious metals and the USD Index moved to their important resistance / support levels and whether they manage to break them (and confirm these moves) or not, will determine the next big price moves. The time to make this decision is running out. Why and in which way are the markets likely to turn next?

• Read more

Precious metals moved sharply higher as gold moved closer to the $1,300 barrier and even mining stocks showed strength. Did yesterday’s session mark the beginning of another upleg in mining stocks?

• Read more