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Market Updates

Churning Expected at 18-Day Moving Average of Closes

Ira Epstein covers the recent developments in the metal markets, noting the unwinding of a parabolic move, particularly in gold...

Stocks, Gold & GDX: Key Wave Counts

While time isn’t part of Ewave analysis, we do expect very high volatility within wave (iv) as it develops over the next 3 to 6 months and perhaps for the rest of 2026!

Technical Scoop: Cliff Leap, Dollar Breakdown, High Energy

Gold hit some support... But a drop through $4,600 could trigger more losses. Long-term support and the 200-DMA isn’t until around $3,800. Regaining above $5,400 could trigger new highs.

Asian Metals Market Update for 2nd February 2026

Spot gold will be called a correction if and only if it trades below $4300. If not, then the reversal to $5500 will be very quick.

Metals’ Mania Maxed!

But is the mayhem yet done?  Now obviously no one knows for sure if this recent metals’ mania just hit its maximum price point.  So ’tis prudent to understand that superlatives such as “Maxed!” can further be “Maxed!”

Gold, Power, and the Market’s Search for an Anchor

Looking beyond the charts, it is striking how little has changed in the underlying environment. Inflation remains above target. Fiscal discipline remains elusive. Political risk has not diminished. If anything, the past week has highlighted how quickly expectations can shift when monetary policy, markets and politics intersect.

Gold Speculative Mania

Popular speculative manias never last long, their frenzied fear-of-missing-out chasing buying soon burning itself out.  The subsequent big symmetrical selloffs are violent and unforgiving.

When GREED turns to FEAR...

After the severity of this morning’s drop we are likely to see some sort of bounce which may be used to lighten positions as this correction probably has some way to run...

The Gold & Silver Correction Finally Arrives

It’s a great time to take a step back and think about the things that are going on in the world, and where you think the prices of the metals will have to be in five or ten years from now.

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