Silver in a Bullish Zone As indicated in our previous Silver chart book, past week has been one of sideways trading. Silver bounced from the mean (thin blue line) and closed strong at the end of the week. Silver prices [...]
The Midas Touch Gold Model™ - now in neutral mode! The Midas Touch Gold Model™ as of February 10th, 2019 On January 25th 2019, gold finally managed to climb back above the psychological round number resistance at 1,300 [...]
Principle risk in Silver One aspect of risk is support. Support can be defined in directional support and horizontal support. Many technical analysts use moving averages and trend lines plus horizontal support/resistance lines. They aim to come up with an [...]
Positioning and Time We often get asked in which direction prices will head... Yes, it is helpful to know if markets trade up, sideways or down. What is often overlooked though is the fact, that without proper entry timing one [...]
Silver - on the dot Last week we identified the turning point for Silver by the day (chart-book from Jan 21st). Here is the chart from last week. Entry opportunity for the reload called on the dot: Silver in US [...]
A Silver breath Last week's silver chart-book anticipated a small retracement. It manifested and friday´s price action was typical for pre-holiday trading. US markets having a bank holiday, Martin Luther King Jr. Day. This typically causes large players to protect their [...]
A Silver view through time Last week we were making a point about how we approach principle based a complex theme of how to take profits. We shared how we found solutions in our Quad Exit Strategy that helps mitigate [...]
Gold... Working a position to reduce risk... We committed to longer term positions in Gold on recent bottoms. We also opened shorter term trades in Gold to reduce risk by "working" larger time frame positions. Once a very low risk [...]
The Midas Touch Gold Model™ - in bullish mode! The Midas Touch Gold Model™ as of January 5th, 2019 Gold posted a strong rally over the last six weeks while stock markets were plunging worldwide. Our Midas Touch [...]
Taking Profits! This weeks silver chart-book provides the opportunity to illustrate our way of taking profits. The green arrow up to the very left was an entry on the bottom of the range to provide for a low risk core [...]
