XMD 0.18% 9,952.0 s&p/asx midcap 50

gold and silver found support last night will see at end of week...

  1. cha
    5,825 Posts.
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    gold and silver found support last night

    will see at end of week

    gold and silver moved up where had to to hold median line uptrend. at bottom of channel and did it

    not over yet. jpy turn with $US now at point needs to hold here to continue median line up

    may see gold and US$ repeat june move but will see

    currency moves well and truly in control here

    oil and copper similar spot. would be nice to see whole lot move up here again. another day or two to go.

    seems like a lot of churn so far. expect churn for another day or two and then next week a lot clearer. expect trend to continue but will see

    really pleased silver reclaimed $20 mark on backtest. if this level of support holds then will see some decent rerates. otherwise just means more time because trend is well and truly up
 
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