Category: Reports

THURSDAY REPORT 8/11/2016

Thu, 11 Aug 2016

  Another day of weakness in metals and miners. If gold is indeed forming a small bear flag, it should break lower by tomorrow or Monday. I’m assigning roughly 70% odds to the alternate scenario. If there isn’t a decisive breakout either higher or lower this lack of action could morph into a tedious sideways […]

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THURSDAY REPORT 7/14/2016

Thu, 14 Jul 2016

  Gold prices corrected to the 20-day MA, and have satisfied my outline for a correction. Miners and silver are forming high-level consolidations, it doesn’t look like they will drop any lower. We should see prices start to move higher again shortly.   -US DOLLAR- The dollar is still consolidating, but it’s now getting close […]

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