Gold and Silver tested our patience with their month long consolidation during which all volatility had dried up. They finally broke through the top bracket of their sideways channel (see above video).
A brief update on Gold and Silver. The close above the highs of the 26th September candle has not happened on Gold, in order to establish long positions. So while intra-day or swing short positions can be placed on Gold and Silver, we need to watch out for their respective…
On September 19th I predicted on my Facebook page that Gold prices were set for an imminent sell-off. The bearish double top pattern on the daily chart of Gold and the fact that Gold prices were over-extended on the weekly charts were warning signals that the yellow metal had some selling…