Study: what happens next when gold and silver swing sideways in a narrow range

Discussion in 'Commodity Futures' started by Troy Bombardia, Jun 12, 2018.

  1. Gold and silver (especially silver) have been swinging sideways in a narrow range for a long time.

    Historically, this is a medium term bearish sign for precious metals. It also suggests that precious metals are not on the verge of a new bull market

    https://bullmarkets.co/study-silver/
     
    treeman likes this.
  2. JETLIU

    JETLIU

    hey,dude, we can't predict the market,but follow the market with loss stop
     
  3. JETLIU

    JETLIU

    well, i think gold is at the medium term tops, the short in gold market is stronger than it in silver market, hence, there is a gold --silver arbitrage strategy: short gold and long silver in the same time
     
  4. JETLIU

    JETLIU

    honestly speaking, Chart comes to priority in my trade, and then the data
     
  5. _eug_

    _eug_

    Seems to me like all the dips in gold are being aggressively bought up. they wont let it go below 1290 for almost 3 weeks now.
     
    treeman likes this.
  6. treeman

    treeman

    Those 2 statements are not mutually exclusive. Many of us predict markets every day. That’s what being a speculator is.