After week 39, metals are still havy with the attempt to go somewhat higher towards the end of the week.

The graph above consists of Gold, Silver and Platinum weighted 1/3 each. To get a clearer picture of the actual trend, the derived candle chart (Heikin Ashi) shows prices are still trading lower on a weekly timescale.

The low for the week was actually higher than prior week and similar to the week before. This could indicate some type of floor to the precious metals prices for now.

In order to be more confident in a potential renewed uptrend to come, markets should make a nice blue weekly bar this upcoming week # 40, October 04 - 08.

2021-10-03 09:40 | Gold, Medium Term, Platinum, Silver

In the search for the Low-month of the year, here are the results:

The table includes Silver, Gold, Platinum, DAX and Nasdaq100.

1 is January and 12 is December. 

2021: So far this year.

2021-09-29 17:03 | Gold, Silver, Nasdaq100, Dax, Platinum

In the search for the High-month of the year, here are the results:

The table includes Silver, Gold, Platinum, DAX and Nasdaq100.

1 is January and 12 is December.

2021: So far this year.

2021-09-29 17:03 | Gold, Silver, Nasdaq100, Dax, Platinum

Gold, Silver and Platinum continue to perform poorly on a weekly basis.

Looking at the chart above where Gold, Silver and Platinum accounts for 33% each, the trend continues lower.

The latest week 38 bar, shows a lower low indicating continued weakness. In order to see strength in the metals space, investors should look for a renewed Blue bar on a weekly timescale to gain traction again.

2021-09-27 14:52 | Gold, Longer Term, Medium Term, Platinum, Silver

Throughout the year, how many days between yearly low and yearly high?

Here is an updated table of the duration between highs and lows and lows to highs in Calendardays. It does not tell when the highs and lows arrive, only duration between them. Updated 28.09.2021

Over the last 20 years, the table shows that the average time between yearly high and yearly low is more than 200 calendardays (on average).

The last 10 years, the German DAX index and the US Nasdaq100 index have both reached its yearly high before its yearly low, every year but in 2018. Is there a change to this pattern in 2022 where the high of the year steps in first? 

This overview is a clear proof that trends lasts a while.

2021-09-21 17:03 | Gold, Silver, Nasdaq100, Dax, Platinum, Longer Term, Seasonality

Precious Metals contine to trade lower giving Metal Bulls a prolonged headache. The latest seasonality trend did not work out for higher prices, and 2 weeks ago started a seasonal weaker period.

According to the weekly chart above where Gold, Silver and Platinum is equally weighted the overall trend continues sideways to south. Last week traded down through technical support levels for all 3.

As long as the bars are red, there is a weakening performance to the developments going forward. The very last bar shows a lower high and a lower low and thereby no sign of pushing higher (for now).

2021-09-18 02:05 | Gold, Silver, Platinum, Metals

Gold continues to hold up better than Silver.  See the weekly chart below as presented by Gold divided by Silver. And the higher it goes the more Silver is needed to convert it into that very 1 OZ Gold.

According to the weekly price pattern for OZ Gold into OZ Silver, the trend keeps its upward momentum favoring the yellow metal for now. The clear blue bars will distroy the uptrend if markets see the ratio below the 74-level.

More: An historical guide to the Gold-Silver Ratio, by JB Maverick at Investopedia here.

2021-09-18 00:59 | Gold, Silver, Gold Silver Ratio

Is there a NO GO for the Silverbulls? - When is Yearly lowpoint and Yearly highpoint for Silver prices?

The overview above shows the year high- and low points for Silver prices for each of the last 20 years.

Silver high in 2021 happened within the first two weeks of the year. Low was marked August 20th, 231 calendardays into the year. Interestingly, the year 2007 had a low about the same time of the year (see Red bar in 2007), but then a year-high (see Blue bar in 2007) in the beginning of November.  In order for this to happen this year, Silver needs to trade significantly higher very soon, and also go against the seasonal pattern which is down at the moment. The graph shows that Red bars above the 'horizontal 231 line' also shows a Blue bar quite early in the year. The bars above 'the 231 line' lasts 254 to 326 calendardays into the year...

The conclusion to this overview is that history could show there might be even lower Silver prices to come from the present 23.75 level - unless something happens very very soon.  

Trading the volatile Silver, make sure there is always a proper stop loss in place. 

2021-09-15 20:23 | Silver

Metals are stronger through week 35.

This graph above is equally weighted for Gold, Silver and Platinum, showing strength last week represented in a blue bar.

Gold vs Silver:

Gold continues to hold up better than Silver in the weekly perspective.

Nasdaq100 vs Gold:

 And the technology weighted Nasdaq100 index continues to outpace the price of Gold.

2021-09-04 09:31 | Gold, Silver, Nasdaq100, Platinum, Gold Silver Ratio, Nasdaq100 Gold Ratio

Gold continues to hold up better than Silver.

The weekly low is USD 1.2 higher at the end of week 34 compared to week 33.

2021-08-28 23:08 | Gold, Gold Silver Ratio, Silver