Gold: The December contract closed at $1,488.70, down $24.20 for the week. Dec gold remains in a secondary (intermediate term) downtrend with the initial downside target at $1,429.50. This price [...]

Gold: The December contract closed at $1,512.10, up $5.70 for the week. Despite the higher weekly close Dec gold remains in a secondary (intermediate term) 3-wave downtrend with the initial [...]

Gold: The December contract closed at $1,506.40, down $8.70 for the week. Dec gold remain in a secondary (intermediate-term) 3-wave downtrend, with last week’s high of $1,543.30 looking to be [...]

Gold: The December contract closed at $1,499.50, down $16.00 for the week. Dec gold extended its secondary (intermediate-term) downtrend to a new low of $1,492.10, a mark that is now [...]

Gold: The December contract closed at $1,515.50, down $13.90 for the week. Gold followed the previous week’s bearish spike reversal and bearish crossover above the overbought level of 80% by [...]

Gold: The December contract closed at $1,537.60, up $14.00 for the week. Dec gold is set for a critical week ahead, sitting just below its recent high of $1,546.10 with [...]

Gold: The December contract closed at $1,523.60, up $15.10 for the week. Dec gold extended Wave 5 of its 5-wave secondary (intermediate-term) uptrend again last week to a new high [...]

Gold: The December contract closed at $1,508.50, up $51.00 for the week. Dec gold extended Wave 5 of its 5-wave secondary (intermediate-term) uptrend last week to a new high of [...]

Gold: The December contract closed at $1,457.50, up $25.30 for the week. Last week saw the contract post a strong rally (high of $1,461.90), though not enough to take out [...]

Gold: The December contract closed at $1,432.20, down $7.20 for the week. The December contract consolidated within the previous week’s trading range, with the lower weekly close leading to another [...]

Gold: The August contract closed at $1,426.70, up $14.50 for the week. The contract moved back into a secondary (intermediate-term) uptrend with a move to a new 4-week high last [...]

Gold: The August contract closed at $1,412.20, up $12.10 for the week. Despite its higher weekly close, the contract still looks to be in a secondary (intermediate-term) downtrend. The initial [...]

Gold: The August contract closed at $1,400.10, down $13.60 for the week. The contract followed through on the previous week’s bearish technical indicators, posting a sharp sell-off last week. The [...]

Gold: The August contract closed at $1,413.70, up $17.50 for the week. The contract extended its secondary (intermediate-term) uptrend to a new high of $1,433.30 last week. The late pullback [...]

Gold: The August contract closed at $1,400.10, up $55.60 for the week. The contract blasted to a new high of $1,415.40 as the market reached prices not seen since September [...]

Gold: The August contract closed at $1,344.50, down $1.60 for the week. The contract extended its secondary (intermediate-term) uptrend last week, posting a new 4-week high of $1,362.20. This was [...]

Gold: The August contract closed at $1,346.10, up $35.00 for the week. The contract extended its secondary (intermediate-term) uptrend last week, posting a new 4-week high of $1,352.70. The next [...]

Gold: The August contract closed at $1,311.10, up $21.90 for the week. The contract extended its secondary (intermediate-term) uptrend last week, posting a new 4-week high of $1,311.90. The next [...]

Gold: The August contract closed at $1,289.20, up $7.80 for the week. The contract confirmed its secondary (intermediate-term) uptrend with a bullish crossover below the oversold level of 20% last [...]

Gold: The June contract closed at $1,275.70, down $11.70 for the week. Despite its lower weekly close the contract still looks to be in a secondary (intermediate-term) 5-wave uptrend. The [...]

Gold: The June contract closed at $1,281.30, down $7.50 for the week. Similar to the previous week, the contract rallied a little too far last Friday, keeping weekly stochastics out [...]

Silver: The July contract closed at $15.088, up $0.050 for the week. I switched to a candlestick chart for July silver because last week’s pattern looks to be a bullish [...]

Gold: The June contract closed at $1,276.00, down $19.20 for the week. June gold’s secondary (intermediate-term) 3-wave downtrend could soon come to an end with weekly stochastics well below the [...]

Gold: The June contract closed at $1,295.20, down $0.40 for the week. It could still be argued that June gold remains in a secondary (intermediate-term) 3-wave downtrend. However, the previous [...]

Gold: The June contract closed at $1,295.60, down $2.90 for the week. Gold remains in a secondary (intermediate-term) 3-wave downtrend, posting a bearish outside range last week that would indicate [...]