The precious metals held higher all week since rebounding from the spike low of $1251, which formed a hammer candlestick pattern on October 15th that we highlighted in last week’s Weekly Trends. The US dollar softened all week, which helped the precious metals move higher. Next week’s Federal Open Market Committee (FOMC) meeting will likely be more of the same as recent economic data has been less than stellar coupled with the ...
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Metal prices continued to whip around this week as fear levels rose on the government shutdown and potential debt ceiling crisis. Tuesday was the turn for gold as it broke below our $1270 level moving all the way down to $1250 before rebounding and closing green on the day. This is extremely bullish for the short-term and is evidenced by a solid performance on Wednesday and Thursday. Gold has been in a ...
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The precious metals had a whirlwind of a week. Debt ceiling and government shutdown headlines caused serious volatility, which was felt though all precious metals markets. Several things stood out earlier in the week that hinted on bearish action. Firstly, the weakness of the USD has a tendency to move gold higher; this was not the case this week. Secondly, with all the headlines one would have thought we would have seen ...
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This week I’d like to announce the launch of two new features that are available to our annual subscribers: “Ask Our Analysts” and “Personal Stock List Review”.
Essentially a Q&A feature, “Ask Our Analysts” lets you ask our analysts any questions about the Tickerscores system or companies we cover. The “Personal Stock List Review” is a value-added feature that allows you to submit up to 10 stocks that you own (or are watching). We’ll review and submit back to you ...
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