I have not offered a technical analysis on silver for quite a while because the chart did not show any sign of life. When the gold bull lift-off took hold at the turn of the century, silver lagged behind like most little brothers do. Silver did not get its giddy-up...
Feeling a little dazed and confused is par for the course when navigating twists and turns in the gold market. There is a lot to cover this evening, so let us move right to the most recent Commitments of Traders (COT) report and gold chart technical analysis. To view...
If you did not have an opportunity to review Part 1, I suggest you do so before continuing. There are details in the article regarding the trade patterns of large speculators and bullion banks, as well as gold’s analysis from July that I will not rehash today. Smart...