Buy signal in gold.

• Post author:WHC Bassetti
• Post published:November 16, 2009
• Post category:Letters
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This is a buy signal for aggressive traders in gold. A little unsettling to think that we might be in a blow off  already, but gold is running and he…

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Buy Gold. Buy Silver. Gaps. Power bars.

• Post author:WHC Bassetti
• Post published:November 3, 2009
• Post category:Letters
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A gap and a power bar.  About as good a buy signal as you get.  While the pattern is different in silver we think silver has a buy signal also.…

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The Gold stop.

• Post author:WHC Bassetti
• Post published:September 10, 2009
• Post category:Letters
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Looking at today's action so far in gold we set the trading stop at 95.85.  Tight, but we don't trust this market.  As we said previously the best way to…

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Sell gold. Get whiplash.

• Post author:WHC Bassetti
• Post published:September 9, 2009
• Post category:Letters
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From positive to negative in one day.  The last two days went from bullish to bearish in a trice.  The formation now looks like an exhaustion gap which has been…

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Buy gold. Sell dollar. Carefully.

• Post author:WHC Bassetti
• Post published:September 8, 2009
• Post category:Letters
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While gold broke to new highs today (not well shown on this chart, but still happened) the dollar broke to new lows.  Our considered opinion and analysis is that this…

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