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Home>Market Analysis>Gold Daily and Silver Weekly Charts - A Little Higher On Negative Rates Concerns

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Gold Daily and Silver Weekly Charts - A Little Higher On Negative Rates Concerns

IMG Auteur

Jesse

Le Cafe Americain

Published : February 24th, 2016

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Category : Market Analysis


	Tomorrow there will be an option expiration on the Comex for the March gold contract related options. Gold is showing the way higher for silver. The gold/silver ratio is hovering around 80 which indicates either a secular squeeze in physical gold and/or a risk related flight to safety. Right now gold is chopping sideways and looking for a direction to shake it out of this little, short term symmetrical triangle. The Bucket Shop remains a kind of monument or memorial to when the trading and markets were real in the US. There was intraday commentary on the metals here. Have a pleasant evening.

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