GLD, daily
SLV, daily
Summary
Suffice to say, metals look stuck under old broken support.
Near term targets remain: GLD 110, SLV 17
Wednesday, 11 December 2013
Metals looking very vulnerable
With the main US market somewhat weak, the precious metals were similarly weak. Gold and Silver settled -0.8% and -0.6% respectively. Baring a few daily closes above the old broken support, metals look vulnerable to further strong downside into year end/early 2014.
GLD, daily
SLV, daily
Summary
Suffice to say, metals look stuck under old broken support.
Near term targets remain: GLD 110, SLV 17
GLD, daily
SLV, daily
Summary
Suffice to say, metals look stuck under old broken support.
Near term targets remain: GLD 110, SLV 17
