Expert technical analysis of financial markets by JC Parets
by Ian Culley
From the Desk of Ian Culley @IanCulley
It doesn’t matter whether we’re talking about markets or summer vacations – I always avoid the crowds and aim to beat the heat.
No lines. No traffic. No fake, overpriced food.
It also means dropping those hot semiconductor names and reaching for silver mining stocks… [Read more…]
by JC
Bitcoin is celebrating American Independence day by falling over $3000 in overnight trading.
That’s over a 20% correction in less than a month. [Read more…]
by Ian Culley
From the Desk of Ian Culley @IanCulley
Investors are becoming restless.
Silver is dancing around a significant breakout level. And gold continues its sideways chop for the third straight month.
It’s certainly been a challenging time to hold precious metals trades – even for the most patient investors.
To kick off the third quarter, let’s utilize fresh monthly data to step back and review the primary trends for gold, silver, platinum, and palladium.
by Ian Culley
From the Desk of Ian Culley @IanCulley
Precious metals bulls are taking a stand.
It’s easy to overlook following Friday’s selling pressure.
But price is respecting critical support levels for gold, platinum, palladium, and even gold’s crazy cousin.
by Ian Culley
From the Desk of Ian Culley @IanCulley
Gold bugs have seen brighter days.
Silver is underperforming Gold. The corrections in Platinum and Palladium are burrowing deeper beneath our breakout levels. And the Gold Miners ETF $GDX is printing fresh lows versus the broader market.
It doesn’t sound bullish to me.
Yet gold futures are solid as a rock!
by Ian Culley
From the Desk of Ian Culley @IanCulley
Metals bulls are waking up following last week’s selling pressure.
Copper, silver, platinum: It didn’t matter. Base and precious metals took a hit.
It was ugly but not a complete disaster.
Call me a gold bug if you like (I won’t take offense), but don’t overlook the key takeaway from last week’s session: gold’s resilience.
by Ian Culley
From the Desk of Ian Culley @IanCulley
This week, I’m cutting straight to our trade ideas.
I’ve made a table of more than 30 setups, the majority of them trending toward our targets.
And I’ll also update a few trade ideas with new entry levels and additional upside objectives.
Let’s dive in!
by Ian Culley
From the Desk of Ian Culley @IanCulley
I’ve heard JC say it many times: “You guys are the smart money.”
After spending a week with clients at our Portfolio Accelerator and fielding countless reader emails, I completely agree!
Since gold and silver prices are getting a bit wild, I decided to dive straight into the Gold Rush mailbag today to start a healthy discussion about what might happen next…
