Category Archives: SLV

Gold and Silver – 2 Sep

Gold and silver are rallying big time with big gaps on both charts. The non-farm payroll report laid a big goose egg this morning and global stock markets are in complete disarray. Real money, gold, is receiving the bid as … Continue reading

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Gold and Silver – 24 Aug

It has been awhile since I charted silver because of my interest in gold’s big move. Like others I am seeing the potential for a trade in silver. The gold chart shows a big red candle on big volume. Quit … Continue reading

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Gold and Silver – 20 Jul

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

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Gold and Silver- 19 Jul

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

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Gold and Silver – 14 Jul

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

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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Blast Off?

I entered a silver position today and for the first time since the selling all my positions at 48. I am utilizing a long dated deep in the money Call strategy, buying Jan 2013 30 Calls. I filled at 10.05 … Continue reading

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