Friday 6 September 2013

Metals climb into the weekend

With some renewed war-chatter in the early morning, Gold and Silver both rallied into the weekend, with Gold +$19. Across the week, the metals were mixed, with Gold -0.4%, but Silver +1.7%. Near term trend is suggestive that both metals are stuck just below key resistance.


GLD, weekly



SLV, weekly


Summary

Suffice to say, metals are going to do well on any continued war-talk..or actual military action.
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