A few warning signs out there guys.
Gold has hit target at $1895.31 and remains hugely overbought as it continued its spike high overnight. The record high is within shouting distance.
Silver begins to retrace and remains hugely overbought.
Gold indices overnight all elected daily outside reversals to the downside as gold moved higher.
US dollar slipped below the March low and is oversold.
An inflection point could be moving closer within the entire market structure.
At the very least the gold/silver stock sector looks to be having a well earned rest. The metal will no doubt follow.
- Forums
- Commodities
- GOLD
- gold
gold, page-81551
-
- There are more pages in this discussion • 46,276 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online