Monday 6 April 2015

Metals start the week strong

The precious metals started the week on an especially bullish note. Gold and Silver saw net daily gains of 1.2% and 1.5% respectively. Broader price structure is arguably a H/S formation, offering summer downside to the Gold $1000 threshold.


GLD, weekly3


Summary

Little to add.

Broader trend remains weak.

Holding to original targets.