GLD, daily
SLV, daily
Summary
Suffice to say, the trend is UP in the immediate term. The only issue is where do they get stuck..at the gaps..or at the old support levels?
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Thursday, 25 April 2013
Precious metals break out of the downtrend
Gold and Silver saw very significant gains of 2.3 and 4.8% respectively today. The gains build upon recent moderate upside, and both metals are now outside of the recent severe downtrend. Near term trend is to the upside, with gaps to fill, and the old support level now resistance.
GLD, daily
SLV, daily
Summary
Suffice to say, the trend is UP in the immediate term. The only issue is where do they get stuck..at the gaps..or at the old support levels?
--
GLD, daily
SLV, daily
Summary
Suffice to say, the trend is UP in the immediate term. The only issue is where do they get stuck..at the gaps..or at the old support levels?
--
