RSSCategory: Articles: Gold Silver Prices

Gold Futures Are Flashing A Bullish Contrarian Signal

Gold Futures Are Flashing A Bullish Contrarian Signal

Gold’s technical breakdown suffered in its recent capitulation selloff naturally unleashed a flood of bearish sentiment. Traders are totally convinced gold’s woes are just starting, that the worst is yet to come. This pessimistic worldview is largely universal, even among futures traders. But their collective bets are actually a strong contrarian indicator. Their bearishness peaks right before major rallies erupt.

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Gold & Silver – Increased Odds For A Rally, Clock Is Ticking

Gold & Silver – Increased Odds For A Rally, Clock Is Ticking

Based on the tape, [in chart form], precious metals appear postured for a rally. To what degree is unknown, but current developing market activity favors one. Silver continues to outperform gold. The monthly, weekly and daily price charts reveal very interesting and valuable information.

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Gold Price “Weakness” Explained By The Ongoing Currency War

Gold Price “Weakness” Explained By The Ongoing Currency War

Currency devaluations travel around the world, in cycles, and they are reflected in the gold price in the affected currency. The dollar remains fairly strong because every time there is a panic it goes with a flight to quality. The dollar maintains its value, so will keep on printing, until very suddenly and unexpectedly, there will be a loss of trust in the dollar.

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An Uninspiring Gold Chart

An Uninspiring Gold Chart

For now, I want to see a move and close above $1,587, this is the March 1st high and it would represent a Swing Low covering the most recent period. From that point, the next step should be a fairly quick take-out of the $1,620 mark and new DC highs. Taking out $1,620 from this point would be a very positive development.

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Gold & Silver Traders Positions on March 5th – Weekly Update

Gold & Silver Traders Positions on March 5th – Weekly Update

The latest Standard Bank Research report was published earlier today. As we explained in our short term gold and silver prices forecasts, the report reveals important information when it comes to the positions of the big players, the ones that are moving the markets.

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Silver Prices Defy The Law Of Supply & Demand

We have been warning for years that paper markets in general, and paper precious metals markets specifically, should be viewed with suspicion, as they all contain counter party risk, which cannot be honored. The only sure way to fully protect oneself is to own physical coins and bullion.

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Jim Sinclair: The Last Days Or Weeks Of The Correction In The Metals

Jim Sinclair: The Last Days Or Weeks Of The Correction In The Metals

The earliest date of the end of the decline is the 28th of February and the longest period of pressure is until the 27th of March. Thereafter gold is released to the upside which will be a minimum of $3500.

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Volatility In Silver And GDX

Volatility In Silver And GDX

Bull markets include many down days. If we became discouraged every time silver moved down on a particular day, we would live 40% of our life feeling discouraged by the quite common downward moves. Bull markets move up slightly more often than down, and bear markets do the opposite. Think three steps forward and two steps backwards.

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This One Chart Shows Gold Is Bullish

This One Chart Shows Gold Is Bullish

The latest COT reports show that gold has a very bullish set up since past week, especially in one chart. The key message for gold: we have high reward / low risk setup based on the positions of the largest investors that move the price short and mid-term.

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Market Says Decline Not Over, Silver More Pivotal Than Gold

Market Says Decline Not Over, Silver More Pivotal Than Gold

Developing market activity is the best and most reliable source for market information. All you have to do is follow what the activity is saying, and you will have the clearest idea of where the market is headed. Near term, the market says the current decline is far from over. Our downside target of $1600 gold has been exceeded, while the $28 target for silver has not been met.

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Gold & Silver Prices Drop Into Severely Oversold Area

Gold & Silver Prices Drop Into Severely Oversold Area

The gold and silver price drop is significant. We would say it is out of proportion, although the latter does not matter. The sentiment indicator(s) signal a significant long term bottom. By contrast, the fundamentals of owning physical gold have not changed.

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Gold Price Drops Below 1200 Euro

Gold Price Drops Below 1200 Euro

There is a spike low down near the 1150 level made in September of 2011, the last line of bullish defense for euro gold. In a sense, this corresponds closely to the $1550 – $1530 zone on the US Dollar priced gold chart. Bulls would not want to see this level give way without an intraweek recovery as it would portend even lower prices

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Gold Cycle Analysis On February 15th Gold Price Drop

| February 17, 2013 | Articles: Gold Silver Prices
Gold Cycle Analysis On February 15th Gold Price Drop

Friday was a sustained and consistent sell-off on high volume which did not end in a bullish buying reversal. It also took gold outside of a well-developed trading range where there is little support. For these reasons I fear that the selling is likely not over.

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Gold & Silver Price Takedown February 15th: Noise vs Facts

Gold & Silver Price Takedown February 15th: Noise vs Facts

Readers should understand what caused the price takedown on Friday February 15th 2013 and should be able to distinguish the noise from the true facts that the mainstream press attributed to the lower gold and silver prices.

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