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anyone having problems trying to withdrawal funds from IB today? Withdrawal token by email aren't being delivered and nobody is answering the funds/banking chat, tried fo rthe past 20min...

It is quite possible that the USDX has hit and established another long term support zone and hence the precious metals are unable to move any higher. The downside action from the past three session has occurred on very high volume. Unless the USDX closes under 80 in the near future, the bull...

so far tonight gold is up about $5 from today's low and silver about $0.12. If Asia and Europe continue buying then we may have just completed another correction and then time to move over 690/13.50 could be in order real soon...

Once 13.20 broke the trip down to 13 was too be expected. Cash trades down to 13.02 have occurred so it is possible that the selling could be finished. However, if 13 gets broken then the uptrend could be in some serious danger. For now, 13 is support but we will need to close the week back over...

Once gold broke 680 cash in a decisive manner, stops got hit and the trip down to 675 was inevitable. DX strength contributed to this much needed correction and 670 looks like support for now. If 670 doesn't hold, then the uptrend will be in doubt as the possibility of a visit down to 660 would...

finger formation handed out to silver longs today. there's something opex related at 13.20 it seems..

spoke a bit too soon, as soon as the swoon began in the US indices, gold and silver promptly sold off and todays gains are all but gone as of 4PM EST. This could have a negative impact on the metals similar to March if the selling persists. I'm watching 13.20 cash silver and 680 cash gold. A...

Silver had quite a volatile day today with cash silver moving all the way up to 13.50 before backing down. Looking at the SIU7 chart, it would appear to me that Silver is prepping up for a decisive breakout over 13.50 key resistance sometime this week imo. SIU7 had a closing settlement of 13.45...

Per yesterday's comments, buyers came right up to par when 680 came along and gold promptly moved up to 687.75 before backing down. I would not be surprised to see an attempt made up to 690-700 this week as the USDX continues to show weakness. USDX futures for the next 2 front months have been...

You would be much better off trading gold futures rather than GLD. There are greater tax consequences with short-term trades on GLD and you would only be able to trade during NYSE trading hours. Gold tends to have major moves in Asia/Europe trade while the US market is closed and therefore...

So far gold seems to attract some buying support right at 680 cash. As long as we don't break 675 on the cash chart, then any downside should be taken as a normal consolidation effort. Any trades lower than this though and we could back and fill down to the lower 670 range...

Silver can't quite jump over 13.40 cash resistance yet. As long as 13.20 holds then this is likely just some consolidation action. However, if 13.20 breaks then we could see 13.00 again.. SIU7 shows 13.21 as the 50EMA so we should hold this level on a closing basis if the new uptrend is to...

Took 1 NGQ7 @ 6.025... Don't normally play energy but $6 NG could present some type of long term support level here. We shall see....

I take positions in SI based mostly on the present technical situation. The fundamentals appear to be solid due to the worldwide demand for all metals but there is a whole plethora of positive fundamental reasons calling for higher Silver prices. Focusing on the technicals keeps risk in check...

Solid gains posted for the week: GLD +2.35% SLV +2.08% So far for the month of July: GLD +5.15% SLV +7.15% With the USDX teetering on the edge of breaking under 80, the metals look poised to move even higher (Not withstanding some expected consolidation of course). If and when the...

DXU7 already breaking below 80 this morning. Could be ushering in a whole situation with the metals here imo... Both gold and silver looking fairly strong in the early session. Let's see if the gains hold thoughout today...

Hi Seth, I have only tried to game a few setups on Copper and most of them have failed on me so I don't mess around in the Copper pit anymore. From a charting standpoint, copper looks like its got no where to go but UP for the next few months...

Gold Share Indexes continue to exert a very strong bullish divergence from the current gold and silver price. All major uplegs in the current metals bull market have been proceeded by an extreme outperformance of the gold indexes by at least 2-3 weeks before the metals prices actually break...

Gold had no problems clearing resistance at 674 cash today with NY cash closing around 676.65. There is no major resistance until 690-693 now. I continue to remain heavily positioned in Silver though as a significant breakout appears imminent imo. I continue to expect to see Silver far exceed...

Once silver breaks over its downtrend resistance, I would anticipate a very sharp move up to 14. Just as gold and the XAU/HUI moved up very quickly once overhead resistance was broken, I expect a similar but more powerful advance with Silver...