GLD, weekly
SLV, weekly
Summary
Little to add.
So, a moderately positive week for Gold.. but negative for Silver.
Broader downside remains the outlook... all the way into the late summer.
Friday, 10 April 2015
Mixed week for the metals
The precious saw new multi-week highs, but then cooled in the latter half of the week. Gold and Silver saw net weekly changes of +0.6% and -1.5%. Near/mid term outlook remains bearish, with viable downside for Gold to the giant $1000 threshold this summer.
GLD, weekly
SLV, weekly
Summary
Little to add.
So, a moderately positive week for Gold.. but negative for Silver.
Broader downside remains the outlook... all the way into the late summer.
GLD, weekly
SLV, weekly
Summary
Little to add.
So, a moderately positive week for Gold.. but negative for Silver.
Broader downside remains the outlook... all the way into the late summer.
