GLD, daily
SLV, daily
Summary
Little to add.
Periodic rallies.... but never sustaining for long.... Gold still looks headed for the giant $1000 threshold.
Monday, 2 February 2015
Starting a new month on a downer
The precious metals have started the month with some rather notable weakness. Gold and Silver saw net daily declines of -0.8% and -0.4% respectively. There remains high possibility that a multi-week up cycle has recently maxed out... with new multi-year lows this spring.
GLD, daily
SLV, daily
Summary
Little to add.
Periodic rallies.... but never sustaining for long.... Gold still looks headed for the giant $1000 threshold.
GLD, daily
SLV, daily
Summary
Little to add.
Periodic rallies.... but never sustaining for long.... Gold still looks headed for the giant $1000 threshold.
