Category: Reports

TUESDAY REPORT 6/21/2016

Tue, 21 Jun 2016

  To no surprise, everything is lining up to either breakout higher or breakdown this week. I think bullish sentiment is very high, and the corrections into the May low’s seemed inadequate. Whichever way prices break following the Brexit vote will┬ádetermine if the 6-month cycle bottomed in late May or if this move has been […]

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TUESDAY REPORT 6/14/2016

Tue, 14 Jun 2016

  Tomorrow is the much anticipated Fed announcement; a press conference is to follow at 2:30 PM EST. There is almost a zero chance they will raise rates at tomorrow’s meeting. Therefore, everyone will be focused on specific verbiage and the press release. Gold could easily breakout above $1,300 tomorrow but with the Brexit vote […]

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TUESDAY REPORT 5/10/2016

Tue, 10 May 2016

  Forming a top can be quite the process, some cycles seem to drag out as Bulls and Bears fight for control. This cycle has topped, but there are still late comers (bulls) trying to buy, and volume is receding with each rally. Prices will trend lower over the next several weeks and are likely […]

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