The quarterly chart below is truly against metal-bulls. It is outlining the quarterly development for Precious Metals (Gold, Silver and Platinum). The graph is equally weighted among the three, and each bar is showing an entire quarter of trading activity.

According to the chart, there is a clear lower low and a lower high recognized on a quarterly scale. This pattern is signalling weakness rather than strength towards the latter stage of 2022. In order to change the current downward pressure, prices should collectively soar more than + 11.5% from September closes. That would challenge last quarter highs.

2022-10-12 16:30 | Gold, Silver, Platinum, Commodities, Metals, Long term

The chart below is outlining the monthly development for Precious Metals. Gold, Sliver and Platinum are equally weighted and each bar is showing one month of trading activity.

According to the chart, there is now an inside bar on a monthly scale. There is a lower high and a higher low signalling some sort of pause to the last months weakness. Going into the fall, an upcoming stronger move is to be expected from a technical perspective.

From July's close to the top of the latest bar there is + 9.7%. Until metals is trading above this level, the downtrend is continuing for the longer term.

2022-09-04 19:15 | Gold, Silver, Platinum, Longer Term, Medium Term, Metals

This graph below is showing Gold, Silver and Platinum prices equally weighted on a monthly scale. Each bar counting one month of trading activity.

June consolidated (sideways to lower) after May weakness, creating an outside Red bar making upcoming direction unclear for now. Trading above (or below) June highs (low) will trigger further direction for precious metals.

2022-07-03 16:49 | Gold, Silver, Platinum, Longer Term

The Gold Silver Ratio is marginally higher after week 24, making a higher low and a higher high.

According to the weekly chart above, Gold is holding up better than Silver on a weekly scale going into week 25. Gold is clearly outperforming Silver as long as the bars are Blue (marked by their higher lows). Seeing the ratio fall below USD 83 again, could quickly turn biased on Silver.

2022-06-18 10:51 | Gold, Silver, Ratio, Medium Term, Gold Silver Ratio, Metals

There is weakness in the metals space on a monthly scale. This is following the seasonality patterns for now. The chart below is consisting of Gold, Silver and Platinum equally weighted.

As markets are soon entering the summer, the monthly chart is showing a new lower low with a lower high. According to the chart above, Metals as a whole must soar + 7.5% or more from June entry, in order to potentially change the current weak picture. 

2022-06-04 14:33 | Gold, Silver, Platinum, Longer Term, Metals

As this weekly chart is pointing out, Gold is stronger than Silver on a weekly scale.

The latest Blue bar is making a higher high and a higher low indicating more support to Gold prices than of the Silver prices.

As long as this graph is showing higher prices, Gold is performing stronger relative to Silver.

2022-05-03 01:58 | Gold, Silver, Ratio, Longer Term, Medium Term, Gold Silver Ratio

Gold, Silver and Platinum are equally weighted in the graph below. It should represent where metal markets are currently trading.

The monthly performance is showing a Blue bar indicating strength rather than weakness for Metals.

2022-04-01 09:50 | Gold, Silver, Platinum, Metals

This graph is showing Metals (Gold, Silver and Platinum) equally weighted. Each bar is one month of trading activity.

According to the pic above, metal-prices are stronger. This is represented through the latest Blue bar. The latest monthly bar is showing a higher high and a higher low. The development is a positive for higher prices to come.

As long as these bars continues to stay Blue, the metal-markets will all toghether trend higher. 

2022-03-03 12:01 | Gold, Silver, Platinum, Metals

Gold, Silver and Platinum have been quite strong the last 5 weeks.

The weekly chart above is showing strength for the precious metals over the last 5 weeks, but we could also say the last 9 weeks. Seasonality points to a turn down in week number 8 (to last about a month), so do not be suprised if metals stalls and take a breather for some time. Technical indicators do also favour a pause and you never know.

Technical indicators may at times stay in overbought and oversold conditions for much longer than you could imagine. As long as the weekly bars are Blue, markets perfer to buy up the metals.

The chart above is formulated into a diagram equally weighted for Gold, Silver and Platinum to more easily visualize what's going on. Read Disclaimer.

2022-02-21 17:02 | Gold, Silver, Platinum, Metals

Gold, Silver and Platinum are collectivly higher going into February. The chart below gives you the overview of how they are performing all toghether on a monthly scale. Each bar represent one month of trading activity.

The latest monthly bar is coloured in Blue, signalling strength rather than weakness. With its higher high and higher low for January, there is potentially more strength to come in February. This trend would be supported by the traditional seasonality. See the sections of Gold or Silver or Platinum for specifications.

2022-02-02 12:31 | Gold, Longer Term, Metals, Platinum, Silver