Gold •140 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 964.40 | -1.40 | -0.14% | |
WTI Crude •10 mins | 70.23 | +1.48 | +2.15% | |
Gasoline •10 mins | 2.078 | +0.032 | +1.57% | |
Ethanol •140 days | 2.161 | +0.000 | +0.00% | |
Silver •140 days | 30.82 | +1.16 | +3.92% |
Silver • 140 days | 30.82 | +1.16 | +3.92% | ||
Copper • 140 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 74.25 | +1.44 | +1.98% | ||
Natural Gas • 10 mins | 3.396 | +0.203 | +6.36% | ||
Heating Oil • 10 mins | 2.264 | +0.038 | +1.70% |
Contributor since: 26 Feb 2010
"We shouldn't be surprised to see gold near $900 and silver near $15 in the short term, though this won't necessarily mean a bottom is…
"About the best that can be said is that gold has put in a series of higher highs and lows since hitting a bottom three…
"In Elliott wave terms, last week's rally could very well have been a 4 of C consolidation before the final lows. Both gold and silver…
Limited Time Offer: Join TTC Online Trading Community! (continue reading for details) "Bull or bear, call it what you will, the fate of precious metals…
"The face of the coin has been debased as fast as its value. First the faces of gods were on the coins. Then the faces…
The following was originally published on July 15 at www.tradingthecharts.com. My initial rationale for seeing a top in gold earlier this year was the announcement…
"The rising trendline from the May low will be a crucial support... with the 50-day sma continuing its decline, the convergence at the trendline will…
"The primary expectation [is]... a three-wave correction off the recent lows, culminating in a 5-wave move up that will reverse and produce new lows. One…
"We've made no secret of viewing the current bullishness as a "sucker's rally" until proven otherwise, and will continue to seek verification for this view,…
"B waves can extend considerably and even appear impulsive, and ... short term traders may very well try to continue their luck on the long…
"If the rotation trade fizzles and such a rally in gold materializes, while it would tend to discredit an impulse down, it may trap many…
"There's little evidence to suggest anyone actually wants a strong dollar, just a stable currency that will make business more transparent. The wave of inflation…
"The rally in gold since December was almost entirely speculative, flight to quality and dollar hedging that will unwind very quickly when conditions change. If…
"Support and resistance at the moving averages has so far contained the rallies in gold, but prevented new lows. This situation may be about to…
"Risk is clearly to the... downside for gold and silver, even if relatively minor advances are seen intraweek." ~ Precious Points: Still Unstable, April 06,…
"With a potential negative crossover in the MACD possible for next week, gold could face increased selling pressure if it cannot clear the 5-week sma…
"Notice two important indicators may be showing short term support ahead in gold. Silver may be putting in an internal fourth wave." ~ Precious Points:…
"The current trend now is clearly down as confirmed by violation of the 5-week sma on Tuesday and it should be expected that rallies will…
TTC members were told Thursday morning we could be "hours or days" from a top in gold. The top actually printed two trading days later…
March 2nd update for members. "Though it seems a stall in the rally may be ahead if the Fed continues to jawbone the issue of…