The trading of the last couple of weeks appears as a consolidation of the strong run up from the July low. If this were a top, price would have pulled back harder off the high. We are looking on a trade in Gold as well.
We are taking a short trade in the August Gold right here.
We are taking a short position in silver. This may be a quick trade so we want to be careful on having stops in the trade and taking profit if we do see the downside into the $21 area.
August gold has achieved our MFU-4 target at $1860 and we are closing out our long position.
We would be adding here as gold has started to break above the short-term downtrend. The recent pullback to trend support appears over, and we continue to target $1860 from here.
We would be adding right here as gold is taking out the recent pivot high of July 1st. Our next target of $1860 remains instact.
We initiated our long gold trade on June 7 when the price bounced off the green horizontal support area, and then added to the long trade on June 23.
We would be adding to gold here as it moves up off the 1-month base.
We are long and would be adding here as price is turning up from its rising 50-day average.
We have institutional clients long GDX and wanted to provide all clients of our view of GDX, and our favorite silver play Pan American Silver (PAAS).
A critical sport for gold to resume the uptrend.
We were stopped out this morning as price broke below the channel line and now we have an ellipse buy trigger. We are taking a long here with a tight stop just below the recent low.
We are stopped out of our long trade as price is breaking the regression trend channel.
We are rolling over to the August gold futures as it is now the most active contract. Bullion is breaking the recent downtrend after triggering an ellipse buy at the low.We would be adding here.
We got stopped out of our previous trade and have a trigger here for a long.