Articles for: United States

If you have been watching the Gold price over the past week or so then you’ve surely seen some dramatic movements, both up and down. When you look at the profit potential in these moves, the dollars add up very quickly. Longer term, things haven’t changed for me, I’m still bearish based on the 200% of the range I’ve covered numerous times in previous articles. Sometimes though a trader needs to be thinking a little more about the short term and where the next big opportunity might come from.

What an admission! I really don’t know where the markets are going in the medium-term.

It is one of the most poorly-timed presidential ascendancies in French history.

This week saw a slew of ‘better’ news hit the markets, from Gold prices to renewed optimism out of Asia and Warren Buffett, the Oracle of Omaha, pointing to further upside in the US housing market.

Last month I wrote about a great triple top setup looming on Gold.

In the July, 2012 edition of the Safety in the Market monthly newsletter, I nominated July as a good area to watch for the yearly low on the Euro.

In his Commodities Course, W.D. Gann wrote about Double and Triple Tops and Bottoms, calling them strong levels of support and resistance.

Tuesday saw America’s most anticipated moment of 2012 fly by with little more than a hiccup.

Hurricane Sandy swept through the New York area this week with little regard for anything or anyone in its path.

The market has been waiting for a number of issues to come to play before deciding on its next step forward.