Camouflage Opportunities in Gold, Silver

With Gold and Silver futures moving energetically higher, we lingered on their charts to find a way aboard. In both cases, we looked for “timed buy-stop” set-ups because the rallies had been consolidating for long enough to be ready for a fresh leg up. From an analytical standpoint, the uptrends presented some interesting challenges, since they were occurring within the context of a larger, bearish picture that points significantly lower.