GLD, daily
SLV, daily
Summary
Suffice to say...near term weakness, but so far..the mid-term trend for both is still bullish.
Wednesday, 19 March 2014
Post FOMC metal declines
Gold and Silver closed lower for the second consecutive day, with declines intensifying after the FOMC decision to cut QE by a further $10bn a month. Gold and Silver saw net daily declines of -2.0% and -1.1% respectively, and look vulnerable to further weakness into the weekend.
GLD, daily
SLV, daily
Summary
Suffice to say...near term weakness, but so far..the mid-term trend for both is still bullish.
GLD, daily
SLV, daily
Summary
Suffice to say...near term weakness, but so far..the mid-term trend for both is still bullish.
