Gold tried to move higher yesterday, but ultimately failed and moved back down before the session was over. Did anything change?

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Gold moved initially higher last week only to end it even lower. The same was the case with silver and mining stocks. More importantly, however, they moved below the key support lines. What are the implications?

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Gold moved initially lower on Wednesday only to come sharply back up before the end of the session. Miners did the same and some gold traders probably thought that a rally would follow. And it did – for a few hours. Precious metals and mining stocks moved higher in the first part of the session only to decline and reverse the previous day’s bullish action. Is the rally over?

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Gold moved initially lower yesterday only to come sharply back up before the end of the session. Miners did the same and some gold traders are probably thinking that the decline is over. Are they right?

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Gold, mining stocks, and – especially – silver declined on Tuesday, which was quite likely to happen given silver’s fake breakout and the miners' ultra-low-volume rally. The situation developed in a quite interesting way – what are the implications?

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