Category: Weekend Newsletters

WEEKEND NEWSLETTER 6/02/2019

Sun, 2 Jun 2019

  Gold prices broke higher on Friday over stock market fears. Prices closed above $1310, and it looks like the 6-month low bottomed in May. Gold miners broke higher from their triangle consolidations at the 45-day cycle turning point. A little upside follow-through next week will support a new advance. Silver and Platinum are lagging […]

Continue Reading →

WEEKEND NEWSLETTER 5/12/2019

Sun, 12 May 2019

  It looks like the trade negotiations between the US and China imploded. China backed out of the previous deal. Some believe China is stalling in hopes that Trump will lose the 2020 election so they can negotiate with a different president. Precious metals and miners have been grinding lower for about three months. I […]

Continue Reading →

WEEKEND NEWSLETTER 4/28/2019

Sun, 28 Apr 2019

  -US DOLLAR- The dollar is a little overbought. However, it looks like prices broke above 5-month resistance at 97.70. Progressive closes above 98.00 would confirm. If established, that would likely keep the pressure on precious metals. -GOLD WEEKLY- The weekly gold chart reveals an extensive consolidation starting after the initial surge to $1377 in […]

Continue Reading →