Silver - Summer doldrums with final sell-off, then summer rally Silver managed to gain 10% from its last low on May 13th at 20.46 USD as initially expected. Despite this recent recovery high at 22.52 USD, the situation remains tense [...]
Silver – First recovery, then second leg to stand on As suspected four weeks ago, silver prices continued to sell-off further amidst a panicked market environment. Despite record high inflation data, the strong U.S. dollar together with the collapsing stock [...]
Relative Strength We pointed out over the last few weekly chartbooks that "no position" is a good one to have in choppy sideways markets. Nevertheless, there are opportunities in the markets and if they present themselves one needs to act swiftly. [...]
One step up Two weeks ago we advised not to be tempted to go long with $15 as a large number support. That was good advise, since we now broke that support, without much advancements in between. Last week we [...]
When in doubt, stay out ! The advice given in our last chartbook publication was spot on. Not trading Silver last week saved you money for sure. "When in doubt, stay out" is one of the very few intuitive responses [...]
The Midas Touch Gold Model™ is in neutral mode since 22nd of February 2018! The Midas Touch Gold Model™ 03/19/2018 While gold prices fell back into the important support zone between 1,300 USD and 1,310 USD over the last [...]
The Midas Touch Gold Model™ is in neutral mode since 22nd of February 2018! There was only one minor change in our Midas Touch Gold Model™ over the last six trading days. As the SPDR Gold Trust holdings ETF "GLD" reported outflows of [...]
