GLD, daily
Not much to add really, main trend continues to be slowly downward. Only a break above 163 would suggest something is changing.
--
*Silver looks much the same.
Thursday 19 April 2012
Gold - black candle, a little warning?
They tried again to rally Gold, but it ended with another FAIL. The Metal maniacs must be really getting frustrated with this kind of regular failure. I'm sure many would blame JPM, but Gold has been very weak since that infamous $100 fall in February. It was a real market point for Gold, and the larger trends still suggest $1200 Gold later this year.
GLD, daily
Not much to add really, main trend continues to be slowly downward. Only a break above 163 would suggest something is changing.
--
*Silver looks much the same.
GLD, daily
Not much to add really, main trend continues to be slowly downward. Only a break above 163 would suggest something is changing.
--
*Silver looks much the same.
