gold, page-131862

  1. 11,438 Posts.
    lightbulb Created with Sketch. 4702


    Yeah good question mate. We may even find out tonight. A weekly below with silver in position to close at a high not seen since October 2012.
    If the Banksters are unable to prevent this (for varius reasons) occurring tonight then they are in a weak position

    https://hotcopper.com.au/data/attachments/6904/6904749-deb7f50ec9478c1be9b0c50c1c3a3c6d.jpg


    Below is a monthly with silver positioned to close at a high not seen since February 2012 or even August 2011. Monday is the end of the Month so we'll see what the Banksters come up with. They will no doubt be keen to keep the pressure on if they are in the least bit able. We shall see.

    https://hotcopper.com.au/data/attachments/6904/6904778-1a5ab3cc0ef42dab49fd55f19a53d859.jpg


    A quarterly on silver with the big handle forming of the massive cup that began to form from the 1980 high. Shame I don't have that high on the chart. The end of the quarter is this month and silver is positioned to close at its second highest quarterly in recent memory or what is more likely its second record high quarterly close.

    https://hotcopper.com.au/data/attachments/6904/6904819-e71b1f6819269b41e321784d1fe9a0f4.jpg


    Looking at gold on the weekly and it looks to be a record high close.

    https://hotcopper.com.au/data/attachments/6904/6904841-24cdb202ae42751908aff49e28324032.jpg

    A record high monthly close for gold appears to be on the cards.

    https://hotcopper.com.au/data/attachments/6904/6904848-eb13fcc3f1973b32827335e71feacf6b.jpg


    A record quarterly close for gold is all but guaranteed. We see the big breakout from the cup. Chances are that we should expect something like this in silver.

    https://hotcopper.com.au/data/attachments/6904/6904849-0d81819a94313237bd18acbce8fe6cb5.jpg



 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.