RSSCategory: Category: Price

Hedge Funds Are Heavy Short Gold

| June 3, 2013 | Category: Price
Hedge Funds Are Heavy Short Gold

I mentioned in Thursday’s trade alert that we could expect a back-testing sell-off from that breakout, and that would be normal. But I did not expect to see anything more than a retest of the breakout line around $1,394. I certainly did not see a move all the way back into the ascending triangle. So this week will be an important week for gold because if this is a Left Translated Cycle, then Friday morning would certainly have marked the top of this Daily Cycle.

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Gold & Silver Price – Monthly, Weekly, Daily Closes. The Story.

| June 1, 2013 | Category: Price
Gold & Silver Price – Monthly, Weekly, Daily Closes. The Story.

We hold that the higher time frame charts are more controlling than lower time frames. The month of May had a smaller range on increased volume. What this says is that the buyers were meeting the effort of the sellers, preventing the range from extending lower. The close, about mid-range the month, confirms this observation. That would be the qualified good news.

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5 Signs Of An Imminent Gold & Silver Price Rally

5 Signs Of An Imminent Gold & Silver Price Rally

While the markets have been very volatile lately, hence difficult to predict, it is reasonable to expect a bounce in the price of gold and silver. We hasten to say that nobody can predict the future, so our expectation could turn out to be wrong. To be more precise, the probability of higher prices is higher than the probability of lower prices, at least in the short run. Here is why.

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Gold And Silver – Markets Provide Us The Best Information

| May 25, 2013 | Category: Price
Gold And Silver – Markets Provide Us The Best Information

Even with the sharp decline from last month, and the overall decline since September of 2011, there is still bullish spacing. It occurs when the current swing low is above the last swing high, from 2008. It tells us that buyers have been willing to buy into the market without waiting to see how the last swing high will be tested, an overall bullish condition.

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Gold Settles Higher On May 23d – Finds Support From Drop In Dollar

Gold Settles Higher On May 23d – Finds Support From Drop In Dollar

With the present economic conditions in the US, there are various ways in which the fluctuations in the price of dollar will make the gold price rise and fall according to the rates. If you’re an investor, you should take into account the bigger picture so that you can take an informed and measured decision in the long run.

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Gold & Silver Price Overreact to Fed Speech

Gold & Silver Price Overreact to Fed Speech

The metals have been subject to the same type of trading behaviour. It became blatant once again today. In fact, it is the third time this week that we witness extreme speculation in the metals. Silver, for instance, saw its peak today at $23.20 and its lows at $22.15, a difference of almost 5% intraday. Note that the peak on the charts was during the speech of Mr. Bernanke. A bit later, prices came down triggered by one specific sentence in the speech.

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