Category: Reports

THURSDAY REPORT 11/09/2017

Thu, 9 Nov 2017

  Gold was up slightly today, but silver and miners weakened. Silver is testing its short-term trendline, if broken, selling could expand. A breakdown below $16.90 and then $16.80 would confirm. Miners look vulnerable. The XAU cycle has been running 21-24 trading days. The cycle may have switched (inverted) from marking lows to highs in […]

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TUESDAY REPORT 11/07/2017

Tue, 7 Nov 2017

  Little changed from Monday’s update. Metals and Miners continue to whipsaw in either direction. Nevertheless, our primary analysis calls for a breakdown, likely before the end of next week. Gold would have to recapture $1,300 to prevent a November slump. A breakdown in gold would summon a retest of support around $1,200. I have […]

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