Category Archives: PSLV

Gold and Silver – 20 Jul

Posted on July 20, 2011 by Matrix

The spot gold chart looks like it might have put in a higher low when it closed well off the lows of the day. If we have some follow through tomorrow, the uptrend will remain intact. Price never did take … Continue reading →

Posted in GLD, Gold, Matrix Sentry TA, PHYS, PSLV, Silver, SLV, Technical Analysis | Leave a comment

Gold and Silver- 19 Jul

Posted on July 20, 2011 by Matrix

Gold was knocked down with news that Obama says everything is fixed and the crisis is over. Sure. Well that’s how it works now, risk on risk off cycles are compressing from hours to minutes. Silly. The gold chart is … Continue reading →

Posted in GLD, Gold, Matrix Sentry TA, PHYS, PSLV, Silver, SLV, Technical Analysis | 1 Comment

Gold and Silver – 14 Jul

Posted on July 15, 2011 by Matrix

Gold made another high and looks like it wants to turn lower and place a swing low, my guess is the breakout level and support at 1555 is the worst case scenario. The 18 day moving average is climbing toward … Continue reading →

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Gold and Silver – 13 Jul

Posted on July 13, 2011 by Matrix

Gold continues to set new all time highs. Resistance at 1578 has fallen and now turns into support. Price closed above the Bollinger band, which is the only resistance left overhead. Strong support lies below there at 1555. RSI is … Continue reading →

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Silver – 28 Jun

Posted on June 29, 2011 by Matrix

Silver could get interesting with a washout here at major support. I like silver, but it is a fickle market fraught with volatility that can burn your ass in a big way. I think silver is best traded from the … Continue reading →

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PSLV -15 Jun

Posted on June 15, 2011 by Matrix
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Gold and Silver -13 Jun

Posted on June 14, 2011 by Matrix

We now have a new short term downtrend in gold with a confirmed lower high and lower low. Price fell through light support at 1532 and finally found support at 1518. In doing so it cut through the first level … Continue reading →

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Gold and Silver – 10 Jun

Posted on June 12, 2011 by Matrix

Gold closed lower right at support of 1532. Additional chart support exists slightly lower at 1520. The MOPE and smoke from CNBC was that gold was “crushed” on the day. What do you think? Does it appear that gold was … Continue reading →

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Gold, Silver, PHYS and PSLV – 9 JUN

Posted on June 9, 2011 by Matrix

I am not real happy with Stockcharts.com, they have changed their chart format for both the continuous gold and continuous silver contract chart. The only thing available is a line chart. I prefer to base all my charting on intraday … Continue reading →

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PHYS & PSLV – 8 JUN

Posted on June 8, 2011 by Matrix

Our only 100% fully allocated gold bullion fund opened lower today and in doing so established the latest swing high on the chart at 13.68. The up trend is intact and will be so until the swing low of 13.15 … Continue reading →

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