GLD, daily
SLV, daily
Summary
So... the third strong consecutive day to the upside... and Gold is now around $170 higher from the early November low of $1130.
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Personally... I'm still VERY unconvinced that a key multi-year floor is in.
Tuesday, 20 January 2015
A third day of strong gains
Precious metals continue to climb, which is especially impressive when considering the even stronger US Dollar. Gold and Silver both settled the day higher by a significant 1.4%. Near term outlook is bullish, with (at minimum) another $50 upside for Gold.
GLD, daily
SLV, daily
Summary
So... the third strong consecutive day to the upside... and Gold is now around $170 higher from the early November low of $1130.
-
Personally... I'm still VERY unconvinced that a key multi-year floor is in.
GLD, daily
SLV, daily
Summary
So... the third strong consecutive day to the upside... and Gold is now around $170 higher from the early November low of $1130.
-
Personally... I'm still VERY unconvinced that a key multi-year floor is in.
