GLD, daily
SLV, daily
Summary
Suffice to say... a very poor start to the week... and with a very clear multi-week bear flag, outlook is very bearish into year end and January.
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Monday, 15 December 2014
Poor start to the week for the metals
The week has started pretty grim for the precious metals. Gold and Silver saw net daily declines of a very significant -2.4% and -5.1% respectively. With the last FOMC of the year this Wednesday, there is high threat of much lower levels into year end.
GLD, daily
SLV, daily
Summary
Suffice to say... a very poor start to the week... and with a very clear multi-week bear flag, outlook is very bearish into year end and January.
-
GLD, daily
SLV, daily
Summary
Suffice to say... a very poor start to the week... and with a very clear multi-week bear flag, outlook is very bearish into year end and January.
-
