LIVE Gold Prices $  | E-Mail Subscriptions | Update GoldSeek | GoldSeek Radio 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page >> News >> Story  Disclaimer 
Latest Headlines

Gold & Silver Price Manipulation: The Greatest Trick Ever Pulled
By: Ronan Manly, Bullion Star

Gold & Gold Stocks Ripping. What's Next?
By: Jordan Roy-Byrne CMT, MFTA

Asian Metals Market Update: July-23-2019
By: Chintan Karnani, Insignia Consultants

Silver Seeks to Catch Up With Gold
By: Frank Holmes, US Funds

GoldSeek Radio: Bill Murphy and Bob Hoye
By: Chris Waltzek, GoldSeek Radio

Bull or Bear? The Market’s Message
By: Plunger

Gold Market Update - “so far so good”
By: Clive Maund

Investors Blinded by Greed, but Not for Much Longer
By: Rick Ackerman, Rick's Picks

Precious Metals Update Video: Gold Monthly Chart breaking out
By: Ira Epstein

FT's Martin Wolf: Who cares about the prices of useless metals and market rigging?
By: Chris Powell, GATA


GoldSeek Web

Metals Buck Market Weakness

 -- Published: Monday, 27 March 2017 | Print  | Disqus 

By Warren Bevan

Markets continue to show weakness as we continue to move a bit lower during this likely 6 to 8 week consolidation period.

          It’s all good and will keep this bull market strong and set for much more upside over the next couple of years or so.

          The metals continue to act fine with more upside looking to be in the cards.

          Gold took the leading role from silver and gained 1.49% this past week.

          Gold has a sweet little bull flag just under the 200 day moving average which tells me we should move above said moving average shortly.

          Next resistance to watch is $1,306 or so.

          Looking good to me!

          Silver gained 1.92%, a bit more than gold, but the chart is not as clean, hence, I’m saying gold is leading with its clean chart.

          Silver is trying to move above this $17.75 resistance level with some resistance to be expected at the 200 day average just above $18 as silver makes its way to $18.50 most likely.

Platinum gained just 0.51% as it continues to build a nice little consolidation area to move up from.

          A move above the $975 area should quickly see $1,010 then $1,020.

          We’ve seen 3 tried to move past $1,020 who have failed but often the 4th time seems to be the charm.

          Palladium was the big winner grabbing gains of 4.84% after breaking out Thursday.

          Solid action indeed on increasing volume.

          I see $845 as resistance to keep an eye on and that is dating back to late 2010 on the monthly chart.

          Superb action on this chart and from the metals who look to be one of the few sectors showing strength at the moment.

          Have a wonderful weekend.


If you found this information useful, or informative please pass it on to your friends or family. 

Free Service

          The free weekly newsletter “Wizzen Trading” does not purport to be a financial recommendation service, nor do we profess to be a professional advisement service.  Any action taken as a result of reading “Wizzen Trading” is solely the responsibility of the reader.  We recommend seeking professional financial advice and performing your own due diligence before acting on any information received through “Wizzen Trading”.


| Digg This Article
 -- Published: Monday, 27 March 2017 | E-Mail  | Print  | Source:

comments powered by Disqus


Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to >> Story

E-mail Page  | Print  | Disclaimer 

© 1995 - 2019 Supports

©, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer


The views contained here may not represent the views of, Gold Seek LLC, its affiliates or advertisers., Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of, Gold Seek LLC, is strictly prohibited. In no event shall, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.