Tag

silver
Gold Chart
03
Jan

Strong Move for Metals to Open 2020

Happy New Year! We are kicking off the New Year with stocks at all-time highs, oil prices spiking on Middle East tensions, and the precious metals complex following through nicely for our November/December videos. If you haven’t had a chance to watch those videos, they offer a helpful background on the technical setup for metals...
Read More
Alternate Ratio
10
Dec

S&P500 to Gold Ratio at Important Level

In advance of tomorrow’s Fed meeting and decision on interest rates, I am closely monitoring the S&P500 priced in gold. The S&P500 has broken out to all-time highs and has successfully retested the breakout, while gold has retreated ~$100 from its highs in August, either setting up a washout to a new near term bottom...
Read More
Gold Chart
03
Dec

[VIDEO] Gold and Silver Mining Stocks Price Update

In the video below, I cover price action in some key mining stocks as well as the gold:silver ratio and the S&P:gold ratio. If gold is going to make another push to $1560-$1580, we want to see miners lead the way. Thus far, they are showing strength, which is a positive sign for bulls.
Read More
09
Nov

[VIDEO] Precious Metals Price Update, Nov 08, 2019

In this week's video I take a look at the charts of gold, silver, platinum, palladium, and copper and offer some thoughts on where I see prices moving next. As always, whether you agree or disagree, I would love to hear your feedback.
Read More
Gold Silver Ratio
17
Jul

Gold/Silver Ratio Signaling Key Reversal?

As we have discussed at length in previous posts, the story this summer has been gold breaking out of a six-year base at $1365 and finally showing signs of strength after may false starts. What has made many gold bulls lingering skeptics has been the performance of silver, which is a smaller market with higher...
Read More
28
Jun

$PAAS Pan American Silver Looking to Break Through

One of the disappointments in silver's recent move higher has been the lack of follow through from mining stocks, with Pan American Silver being a premier example. This past week has seen Pan American attempting to close that gap.
Read More
20
Jun

Gold Breaks Through After 6 Years; Silver, Miners Confirming

The long suffering (and diminishing) army of gold bugs, distraught over gold's underperformance in the wake of asset inflation, government spending, and historically low (sometimes negative) interest rates over the last seven years, received a resounding message of hope yesterday when gold broke through long term resistance to top tick at 1397.70.
Read More
Silver
11
Jun

An Update on Metals

Here is a quick snapshot of the metals sector. The silver chart above is constructive, as silver broke out of a falling wedge and confirmed the bullish action in gold. It also successfully hit its initial target of $15.15-$15.20.
Read More
Silver
07
May

Silver Pressing Up Against Triple Resistance

Silver has been consolidating into a bullish falling wedge, but is now pressing up against falling channel resistance, horizontal resistance (prior support) and the 200-day moving average. This triple resistance is a formidable Maginot line.
Read More
1 2

JOIN OUR NEWSLETTER!

Free Download

An Introduction to Applying Fibonacci Ratios In Technical Analysis (Free Download)


Download Your Free eBook Now!

Master Fibonacci: The Man Who Changed Math

Did you know you can download a FREE copy of Master Fibonacci with a free membership on Fibonacci.com?

Paperback: 128 pages
Author: Shelley Allen, M.A.Ed.
Publisher: Fibonacci Inc.; 1st edition (2019)
Language: English

Sign Up for Free Weekly Chart Updates, Videos, and Articles