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The Technical Take
...a bit of upside, before the close of the quarter
as we close in on the Monthly and Quarterly close
...but can we rally?
...while equities stabilize
as the carnage starts to abate
..Silver down over 8% on the day
...a weak Friday is no place to establish length.
...yesterday's move above the downtrend didn't hold on the close.
...is it getting ready to make a move?
the first horizontal has been cleared, the downtrend is the next hurdle.
A Tight Horizontal Band Has Us Boxed In
is it signaling another move higher?
...a last line of defense before we head lower?
..as the metals' sell-off picks up steam, last week's equity recovery is set to be shattered.
The trend line is broken and the MA is looming
...the line defining the move
a look at the technical charts
...as the market retraces some of its recent gains
yesterday's scalp worked well... now we re-assess.
Checking the "Fibs" as the cuts continue.
...will the buyers step in?
Silver rally stalls out...
and fails to clear the downtrend line
...the market needs to get a move on
... ready to breakdown or take-off?
... a look at the convergence.
...as we take a step back
...a step back to the big picture.
...our late downtrend worked well this a.m.
Textbook Stuff from the Yellow Metal
...as the week begins
...a look at the chart before the New York opening
...on this interesting day.
a look the short-term parameters.
COT does its thing...Again
The long awaited pullback begins
a look at the retracement numbers
...right at the gap.
...while Silver keeps charging
a Technical Take...
a look at the long term chart
is silver making another leg higher?
but are we getting ready to test support?
...can the US Dollar rally prior to the Presidential election?
as the market pauses
Extreme Volatility is the New Normal in the Precious Metals Market
the record falls, at last.
closing in on the $1921 record high.
while Silver takes a breather
as the Silver mania continue
An Explosive Move...by any standards
while Silver powers ahead.
Seven Sessions and Counting
...in a difficult market punctuated by a weaker Dollar.
...in a difficult market
can we sustain a move above the long-trending channel?
market is up 3% on the day
...sure enough, our breakout is featured.
the short-term power trend develops
meeting up with the old overhead resistance.
... after shaking out the weak length
stepping back for a look at the channel in first half of the year
...a little tree-shaking never hurts a bull.
... as the week begins
on a quiet Friday before the 4th of July.
as the second half of the year gets underway.
...perfectly.
as the Overhead Resistance closes in.
a good place to take some money off the table
an addition to the channel development
Friday's action gives shape to the channel
in a quiet Friday morning market
...new parameters slowly take formation
...we haven't been this high since October 2012
...except it isn't
...settling in for a look at the new surroundings
...while Gold makes hay.
Gold Gaps higher, taking out the ever-resistant $1748 level.
The Overhead Downtrend Proved Sage
could we actually get over this time?
...as the horizontal parameters persist.
a decent recovery...but the channel points lower
as Silver turns Sour
Stock Market's Sharp Fall Limits Gold Price
can it hold on for the close?
..while Gold plays catch-up
a slow recovery is developing in precious metals
...no need for wild charts...just a simple confluence of factors
A look at the trend lines
An indecisive market has set out its stall
as the 50-day moving average gives way
Gold has snapped back... but the real challenge lies ahead.
Gold is faltering...short-term strategy ideas
The first challenge for Silver's recent surge
...gold is sizing up the next move higher.
...the old enemies die the hardest
...as Silver rally takes to the skies
a look at Silver's power trend
Yesterday showed the importance of discipline for successful trading.