GLD, daily
SLV, daily
Summary
I find it almost irrelevant as to where the metals go in the near term. Whether the bounce is to SLV 22..or 25/26, seems largely inconsequential.
Mid-term outlook still looks clear...with GLD in the 90s, and SLV 12/10
Tuesday, 13 August 2013
Diverging precious metals
Gold and Silver are continuing to act a little unusual. Gold closed -$14, whilst Silver managed minor gains of 7 cents (0.34%). Silver is above the old broken floor, but Gold is clearly struggling to consistently build..and hold gains.
GLD, daily
SLV, daily
Summary
I find it almost irrelevant as to where the metals go in the near term. Whether the bounce is to SLV 22..or 25/26, seems largely inconsequential.
Mid-term outlook still looks clear...with GLD in the 90s, and SLV 12/10
GLD, daily
SLV, daily
Summary
I find it almost irrelevant as to where the metals go in the near term. Whether the bounce is to SLV 22..or 25/26, seems largely inconsequential.
Mid-term outlook still looks clear...with GLD in the 90s, and SLV 12/10
