Friday, August 14, 2015

A Majority of Market Participants Is Awaiting Another Down Leg In Gold And Silver

These days both metals, gold and silver, are at their strong resistance levels - please, look at the charts below:

But there is a chance for the gold bugs - since December 2014 silver has been behaving similarly to gold - look at the chart below:

Usually, when both metals are in their down  trends, silver is much weaker than gold. This is not the case today.

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