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Gold Market Update
...finally. on the back of Silver
....becalmed is the only word.
...finally, the pullback.
...the big picture; and our place in it.
....finally, we are backing and filling
...trying to break the ever-narrowing gap.
...as the US Dollar stays firm.
...explosive volatility on the Metals roller coaster.
...after the run-up.
...the channel top approaches
...as the US Dollar surges.
...we are settling into a totally new environment.
...a very mixed picture.
...slowly, we retrace.
...that is the question.
...our course of action.
...as the horizontal resistance falls.
... it worked...now what?
...as we touch down on the horizontal
...but show signs of life.
...but can it hold this time?
...as the US Dollar continues to firm.
...and starts to fail.
...US Dollar strength overpowers Gold
...war escalates in the mid-east
...as indecision reigns.
both Silver and Gold are barely holding on.
US Dollar roars back to life.
... as the market turns back up.
...and does the dead cat bounce
...as our trend line gives up the game.
...Gold needs to get a move on.
...as the retracement takes hold
as we hit the end of the Month.
...as the market powers higher.
...and brings a light to Gold
...the marker is clear.
...our trend line continues to set the tempo
...after the surge.
....now for the important part
...as we head to the weekend
a pullback in line with expectations
...silver looks like its completed the retracement.
...slingshot confirmed.
...we're poised to test all-time highs
... will the rally resume?
... because nothing moves in a straight line
... the market looks like it wants to retrace.
The contrarian purchase has worked out well.
...but the US Dollar continues to charge
...as we break out the contrarian life-raft.
... apparently the US Dollar is not "finished"
...as the week starts.
end of a dull fortnight?
We've raised a flag... but the Dollar is on fire.
...in a strong Dollar environment.
we've rallied back...but the down channel holds
...it doesn't look positive.
.... separating the wheat from the chaff.
...not what you ordered?
..''tis but a scratch'.
...a 'showdown' is coming.
...the target we need to clear.
... will it dent Gold's rally?
...getting ready to run?
...the rally pauses
...the rally begins???
...uptrend getting established?
...as we eye the 100-day moving average.
...our second target.
...the indicators are converging.
...the attempted breakout has failed.
...breakout to the downside.
...calm before the storm?
...our channel is breaking down
...the weekly chart sounds a note of concern.
...was that a reversal???
...give the USD strength, Gold is doing well.
...worries are mounting for the rally.
...as we watch from the comfort of the sidelines.
Gold jumps, then pulls back.
The April close wasn't very "Euro-Friendly"
... sell-off in Gold is looming.
The Technicals are on Message.
...as expected, approaching $2050 required nimble footwork.
...the Gold market powers ahead. (the strategy)
... its not rocket science...
.... Gold is the ultimate 'confidence' game.
It's Choppy - but Gold is holding...
...it is discipline, not swinging for the fences, that wins the day.
...it's really as simple as that.
Gold reacts to bank solvency issues in America.
The Dollar is Back.
...technically, Gold remains solid.
...slow and methodical, a goldilocks rally.
...sure looks like it.
does last weeks' charge need a pullback?
...the 'high tick' threat is evaporating.
...as the traders look for direction.