To see how the precious metals markets are developing, we want to look at Gold, Silver and Platinum toghether.

Below is the composed weekly graph where all three metals are equally weighted.

 On a weekly scale, there is a lower low and a lower high for the latest week. This development signals market weakness rather than strength going forward.

To see renewd strength for the precious metals sector, Blue bars 'must' quickly resume.

Diving further into details, here is Gold over Silver.

This weekly graph (above) show Gold prices stronger relative to Silver prices. So what about Platinum?

The graph shows that Gold also outperforms Platinum on the weekly scale. For the white metal to see more strength than Gold, markets will be looking for these bars to turn Blue (higher highs and higher lows).

And for this last one. Platinum up against Silver.

This chart shows that Silver is relatively stronger than the development of Platinum. As long as this is trending south, Silver will continue to outperform Platinum on a weekly bias.

In conclusion, Metals are generally weak until markets see a fresh Blue weekly bar in the top chart displayed. Gold is holding up better than Silver and Platinum. And Silver is holding better than Platinum (for now at least).

2021-11-29 08:55 | Gold, Silver, Metals, Platinum Nasdaq100 Ratio

Gold, Silver and Platinum are collectivly sideways after last week.

Seasonally, the weeks ahead are heavy and metal prices could thereby dip before attempting to move higher.

The weekly chart above signals prices are flat-moving for now, with a slightly positive bias by its latest blue colour Heikin Ashi.

2021-11-06 13:01 | Gold, Silver, Metals, Platinum Nasdaq100 Ratio

Gold, Silver and Platinum are collectively higher this past week.

The chart above contains Gold, Silver and Platinum equally weighted. This last week shows a higher high and a higher low giving precious metals signs of further potential strength to come.

2021-10-24 21:00 | Gold, Silver, Platinum, Metals

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, Silver and Platinum are presented in this weekly chart below.

As pointed out in the development for the metals, there is no strengthening signs going into next week. The general price trend for metals are still down rather than up. In this graph Gold, Silver and Platinum are weighted equally, and the view is derived into an Hekin Ashi chart from underlying weekly metals prices.

2021-08-21 13:59 | Commodities, Gold, Metals, Platinum, Silver