GLD, daily
SLV, daily
Summary
Little to add, aside that the metals look set for a few more weeks higher..before the bigger trend resumes to the downside.
Tuesday, 27 August 2013
Metals rising on classic war fears
With equities significantly lower, the metals (along with Oil) rose on traditional war fears. Gold and Silver closed with reasonable gains of 1.0% and 0.5% respectively. Broad trend remains to the upside, despite a USD that looks to have floored.
GLD, daily
SLV, daily
Summary
Little to add, aside that the metals look set for a few more weeks higher..before the bigger trend resumes to the downside.
GLD, daily
SLV, daily
Summary
Little to add, aside that the metals look set for a few more weeks higher..before the bigger trend resumes to the downside.
