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

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

GoldSeek.com to Launch New Website
By: GoldSeek.com

Is Gold Price Action Warning Of Imminent Monetary Collapse Part 2?
By: Hubert Moolman

Gold and Silver Are Just Getting Started
By: Frank Holmes, US Funds

Silver Makes High Wave Candle at Target – Here’s What to Expect…
By: Clive Maund

Gold Blows Through Upside Resistance - The Chase Is On
By: Avi Gilburt

U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months
By: Steve St. Angelo, SRSrocco Report

Gold's sharp rise throws Financial Times into an erroneous sulk
By: Chris Powell, GATA

Precious Metals Update Video: Gold's unusual strength
By: Ira Epstein

Asian Metals Market Update: July-29-2020
By: Chintan Karnani, Insignia Consultants

Gold's rise is a 'mystery' because journalism always fails to pursue it
By: Chris Powell, GATA

 
Search

GoldSeek Web

 
Ready To Turn


 -- Published: Sunday, 24 September 2017 | Print  | Disqus 

By Warren Bevan

Quiet action for the most part in stocks but I am seeing some signs of strength to come in the short-term and you can find out more on that at my free blog.  

          As I’ve said, I will be retiring my newsletter business the end of September and just trading, living, travelling, and I will still write when I see something worthy of words.

          Time is expensive, spend it wisely.

          The metals may be ready to take a turn higher after a nice healthy rest so let’s check the charts.

 http://www.goldseek.com/news/2017/9-24wb/image002.gif

          Gold fell 2.09% as the normal correction played out.

          The 50 day moving average has provided some support to gold and it’s trying to turn now.

          A break of the downtrend line would be confirmation of this view so let’s see what Monday brings.

          I think it would be a solid move to go long on a break above $1,300 with tight stops near cost.

 http://www.goldseek.com/news/2017/9-24wb/image004.gif

          Silver slid a hefty 4.05% and is now at the $17 support level.

          Let’s see if we turn up as we should from this support zone.

 http://www.goldseek.com/news/2017/9-24wb/image006.gif

          Platinum was the biggest loser this past week dropping 4.09%.

          $903 is a big support area for platinum as well so let’s see if we can make the turn, as we should.

 http://www.goldseek.com/news/2017/9-24wb/image008.gif

          Palladium was flat losing just 0.21% and is starting to turn higher.

          A break of this downtrend channel would be great and point to a move back to $980 where rest would likely be due.

          Have a wonderful weekend.

          Warren Bevan

          www.wizzentrading.com

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: Sunday, 24 September 2017 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2019



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com 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 GoldSeek.com. 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


Map

The views contained here may not represent the views of GoldSeek.com, Gold Seek LLC, its affiliates or advertisers. GoldSeek.com, 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 GoldSeek.com, Gold Seek LLC, is strictly prohibited. In no event shall GoldSeek.com, 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.