Video Update

In this video we take a look at the positioning in Gold’s CoT with respect to Open Interest and the Net Spec Position ahead of previous breakouts in the Gold price. We speculate on what could occur over the coming months and how it could put the CoT in position for Gold to begin a … Continue reading

Gold & Silver remain in trading range since mid May. Gold has traded between $1915 and $2000 while Silver has traded between $22.50 and $25.50. The macro may be slowly starting to shift in Gold’s favor. Gold (and Silver) are showing relative strength against the stock market. Click Here to Learn About TheDailyGold Premium  

The 10-year yield is breaking out to a new high. In this video we evaluate how and when the breakout could impact Gold. The speed of the breakout in the 10-year yield will be an important factor and the Gold to S&P 500 ratio will be the leading indicator to how Gold will react. Click … Continue reading

Since mid May Gold has essentially traded from $1900 to $2000. Meanwhile, Silver has traded mostly between $22.00 to $25.50. The metals may have a bit of upside potential here as summer ends but they will remain in a larger range. Click Here to Learn About TheDailyGold Premium

Gold and Silver last week traded up to resistance at $1980 and $25.50. Both sold off the last few days. Meanwhile, the gold and silver stocks printed some ugly candles on Wednesday and Friday. Click Here to Learn About TheDailyGold Premium

If Silver makes a weekly close above $26, it triggers a measured upside target of $34. Silver against foreign currencies is also very close to a breakout and a 12-year high. Click Here to Learn About TheDailyGold Premium

We know that Silver has a base going back to 1950 but there are two other charts that have similar bases. Click Here to Learn About TheDailyGold Premium

Gold and Silver rebounded and may have a bit more upside but they do face significant overhead resistance. Gold has more room to run as it closed at $1940 and its stiff resistance is at $1980-$2000. Silver managed to close last week above $24 and was stronger than Gold. However, it faces stiff daily resistance … Continue reading

A study of history shows how all the asset classes can be related at secular turning points. In the mid 1960s, the secular bull in Bonds ended first and then followed by Stocks. Then Gold made its huge move. In 2000-2002, stocks peaked well before the dollar. The bull market in bonds is likely over. … Continue reading

Gold is now 12 years through its cup and handle pattern and consolidation since the 2011 peak. 2024 will mark the 13th year. There are a handful of examples of major breakouts from 13 year consolidations. There are three in the S&P 500, one from the Gold price in Paris (during Gold Standard era) and … Continue reading