GLD, weekly
SLV, weekly
Summary
Little to add.
Metals remain broadly weak... and I hold to the original targets.
Friday 17 April 2015
Metals remain broadly weak
The precious metals remain within the broad downward trend from 2011. Gold and Silver saw net weekly declines of -0.3% and -1.3% respectively. Price structure on the daily/weekly cycles is a rather clear H/S formation, and bodes for Gold hitting the giant $1000 threshold this summer.
GLD, weekly
SLV, weekly
Summary
Little to add.
Metals remain broadly weak... and I hold to the original targets.
GLD, weekly
SLV, weekly
Summary
Little to add.
Metals remain broadly weak... and I hold to the original targets.
