GOLD

You short term swing and day traders will have a tricky week next week I feel. Probably more volatility which is “good” though. SPY 1h chart, I’m guessing on a rebound but then [...]

Gold and other PMs had a sell off yesterday. I guess Cyprus telling to (partial) sell their gold reserve can be seen as the trigger. The decline took place yesterday on huge volume so it will be [...]

Gold price pattern is quite interesting and it seems to me that the down trend could possibly be switched for some bullish action ahead. We have still lower highs but the also a higher low the [...]

Interesting week behind us with quite some volatile prices. S&P500 closed the week in red and below MA20. The short term pattern has been 3-down , 2-up , 3-down , 2-up and now 3-down. [...]