check the gold silver ratio for that. very close to top in metals gold silver ratio bottoms out. it bottomed out thrice in 2012, 2020, 2021. after all 3 bottoms both gold and silver have dropped

Gold with No Drama

silver is getting rejected the whole day. this might be curtains for gold. if silver drops below 50 the fall will be vicious in gold

Gold with No Drama

gold wont fall in a straight line and will remain bid but it wont rise parabolic when external conditions like high unemployment, AI bubble are in place

Gold with No Drama

gold has never gone up when the unemployment rate is ticking higher. get your facts right. check how gold sold off before housing crisis and after covid hit us. both were unemplyment rate ticking higher

Gold with No Drama

I can only say dont get out quickly. goldsilver ratio is indicating metals top out. if it falls it will drop 2-3 dollars in silver and min 150 dollars in gold. thats how metals move

Gold with No Drama

wow silver has risen 6 dollars this week. gold silver ratio at 1 yr low. being pumped higher by silver. technically 4271 is a target now. dont know this week or next week anything below 4207 is a short with 4220 as stoploss

Gold with No Drama

and it once again boils down to the goldsilver ratio i mentioned. it is at may 2024 levels again after that is march 2000 covid levels. if for some reason we go there gold and silver will both come down

Gold with No Drama

mind you the gold silver ratio is at dangerous levels. it can trip 2 points from this level which will bring it close to may 2024 levels. this is from where the whole gold rally actually started. gold was trading at 2250 and when that level was hit ...

Gold with No Drama

there is no battle for past 18 months but when the battle really starts gold will dip 500-600 dollars. i am watching goldsilver ratio since past 2-3 days and it is dipping everyday meaning if silver falls 2-3 dollars gold can drop a lot.

Gold with No Drama

until the fed sees very bad data its not cutting again though most certainly it will see. However I have not seen the fed do 2 or 3 rate cuts with markets at all time highs. It has never happened before

Gold with No Drama

4092 was a breakout level and if we open stock markets at these levels it will be more bullish. although the seller at 4080-4106 will come once again. if not we can see 4120-4160 this week

Gold with No Drama

looks like they are all buying gold now. for what I don't know. with shutdown or without shutdown on both the news gold is up. today's move is 94 dollars so far. last time I saw this kind of a move was when all the markets were closed and only US ...

Gold with No Drama

let NY open their shop in 2 hrs I still think this is a trap candle in gold. silver I still believe is bullish even if it falls to 46 dollars from here

Gold with No Drama

it depends on silver. if it retraces we will sell off in gold as well

Gold with No Drama

only 8 dollars. nothing to get excited. until it dtops below 4040 bulls are still in the game.

Gold with No Drama

lol year end.. so today's fakeout move has changed everything is it?? NY will decide and if it stays bullish we might reach 4120. honestly i think we have risen a lot on back of no news except for reopening. silver back at 50 says something though. ...

Gold with No Drama

some top rated trader comments seems to suggest they are basically clueless. if a breakout of 40 dollars from lows of the day was not enough to make the week look bullish how can it be bullish. take your own trades. basically week on week gold has ...

Gold with No Drama

3960 was locked as soon as we broke 3988 and it will be taken out and we might break 3930 also. NY will soon show middle finger to London. they are doing a lot of mischievous activities nowadays

Gold with No Drama

massive accmulation done for the past 3 days will all be dumped in one candle. if they start selling everything they will sell gold and silver as well

Gold with No Drama