I’ve been calling gold up for some time now and it looks likely that it will hit $3,000 soon enough. Overall, gold not only looks bullish, the whole setup of increasing global tension seems ...
Over the past week precious metal investors have had a wakeup call from their big shiny nest eggs. Last week's free fall in both gold and silver spot prices was enough to get investors into a panic.
Across gold, silver, and platinum, the same technical structure is playing out simultaneously: price is pressing against a down-sloping trend line that has defined each chart's ceiling for months.