‘gold’ Archive

Gold bugs index is about to breakout from this pattern-

  CLICK ON CHART TO ENLARGE The Gold Bugs index remains above support that dates back 10-years.  Over the past year and a half, the index has created a pennant pattern, a series of lower highs and high lows, teasing both the bulls and bears. As you can see, this pattern will be coming to […]

Hottest metal on the planet breaks support

   CLICK ON CHART TO ENLARGE When it comes to the metals complex, its not been that great of a year for Gold or Silver. On the flip side, Palladium has had a good year, as it was up near 25% YTD a couple of weeks ago. Of late, Palladium is breaking a support line […]

Are Gold Prices Taking A Cue From The Swiss Franc?

  CLICK ON CHART TO ENLARGE Three years ago last week, I shared a chart highlighting why Gold may underperform for years to come. The chart looked at the correlation between the Swiss Franc and Gold and how both were tagging ascending long-term resistance at the same time. The chart is shown again for your […]