GLD, weekly
SLV, weekly
Summary
Little to add.
The precious metals look set to remain weak, with Gold to proceed to the giant $1000 threshold, along with Silver 12/10.
Friday, 17 July 2015
A fourth week lower
The precious metals are increasingly weak, with Gold and Silver seeing net weekly declines of -2.5% and -4.4% respectively. Near term outlook is bearish, with the broader trend remaining unquestionably bearish. Gold is following Copper and Silver - and the related mining stocks, breaking under the Nov' 2014 low of $1130.
GLD, weekly
SLV, weekly
Summary
Little to add.
The precious metals look set to remain weak, with Gold to proceed to the giant $1000 threshold, along with Silver 12/10.
GLD, weekly
SLV, weekly
Summary
Little to add.
The precious metals look set to remain weak, with Gold to proceed to the giant $1000 threshold, along with Silver 12/10.
