This post was published on ZYX Buy Change Alert.

We are downgrading gold and silver in the very, very short-term and the short-term.

Here are our current ratings on gold and silver.

  • Neutral with negative  bias in the very, very short-term.
  • Neutral with negative bias in the short-term.
  • Negative in the medium-term.
  • Negative in the long-term.
  • Positive in the very long-term.

Our algorithms are seeing aggressive selling by Smart Money and light buying by the momo crowd.

The momo crowd has made gold and silver markets very volatile.  For this reason the ratings above are not cast in stone and are subject to frequent changes.