Gold & Silver are into areas where you can trim some longs depending upon your style of trading. I’m just eyeballing Equity/Metals spreads on a decade + look on a Wednesday. Just saying don’t push or reach for anything today. … Continue reading →

Spoo qtrly pivot is the # that just keeps on giving. It’s been the low for a couple of 300 point moves and just the past few days 150 points plus some easy 50 point wiggles. I’m not looking to … Continue reading →

Friday the room bought risk early. I bought a starter position back in Silver, Gold and the Miners. I’m still not convinced there is not more consolidation to take place. The one negative I see is the Silver making a … Continue reading →

Indices are right back to the lows of last Friday. Qtrly pivots and swings are in play! Spoo has daily funky cloud support @ app 6789 ish followed by the qtrly pivot. For those of you that follow the yellow … Continue reading →

In today’s chart porn the bottom two life of Silver shows where the execitables are getting their upside projections. First, stick with the Linear until it’s no longer viable. After which you can then use the log if and when … Continue reading →

Metals are into near term resistance. Silver has been charting the best with a retest of the Matrix level last week and yesterday’s retest of the 1980 high. Miner ETF’s show weekly break away gaps which I’m reticent to chase. … Continue reading →

Gold is at the top of cloud resistance. Metals are leading spreads across all asset classes. Spoo needs to print 6825 for a little pressure release. It’s filled out the long-term PNF. Now it’s a matter of how deep the … Continue reading →

All is well again. As for trading there metals broke out last night from their recent consolidation pattern. Silver is the key @ 50.36 close. GoldinEuro is at balance line resistance Nasd…trade the breakaway gap and the overhead breakdown gap. … Continue reading →

Short Bitcoin-Short Equities/Long Gold & Silver. We’ll pick out some bounce levels in the room for shorter term guys, but the analysis from yesterday remains. Turn off the T.V. and trade price! https://youtube.com/live/gtfMyxxWXsY?feature=share

Put on your trading mitts and wait out the board. Metals received positive flows over night. They are turning up on the FX spreads. Point & figures say do not buy strength.