‘gold’ Archive

Silver- Why the $15 level looks like a good buy point.

  CLICK ON CHART TO ENLARGE The above chart was created when Silver was trading at $28 per ounce. I shared with Premium Members in June of 2012, that Silver looked to be creating a bearish descending triangle and the measured move was calling for Silver to hit $15 per ounce (see projection of red arrow […]

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 […]