I've been in this for five decades, today was unbelievable. Flash-crash day again.
US November ADP jobs number is the key. The next trading sessions is very crucial for gold and silver.
The next major buy alert is going to come on a breakout above $2089 or a dip to $1566.
Positions as of 23 November, 2021.
Embedded sell signal in mining stocks for now. Here's our problem for gold: The price needed to retest the previous intermediate cycle highs...
It was a difficult week. Gold crashed, then stocks had a mini-crash, oil crashed, the U.S. Dollar soared then suddenly fell, bond yields fell suggesting bond yields may have topped.
China’s gold imports spiked to the highest level in almost two years. Platinum is the rebound trade on a normalization of chip shortages in the auto industry; substitution from palladium should also help.
Friday felt like a Pearl Harbor attack on Wall Street. Since when did a Thanksgiving Friday fill investors with dread and fear?
Gold needs to close above $1,825 to turn the monthly charts into a bullish mode, trend is up with bias down.
A number of silver ETFs will be launched in India before the end of March 2022