Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
Gold & Silver Prices
ArticlesNewsFlowGold & Silver PricesMarket Briefing

Gold Daily and Silver Weekly Charts - Do It To Me One More Time

IMG Auteur
Jesse
Le Cafe Americain
Published : January 24th, 2014
121 words - Reading time : less than a minute
( 2 votes, 3/5 )
Print article
  Article Comments Comment this article Rating All Articles  
[titre article pour referencement]
0
Send
0
comment
Our Newsletter...
Disclaimer
Category : Market Analysis

Gold and silver had a nice upside pop today, running up to resistance on gold, and the miners finally showed some spirit.

Watching gold and bonds move higher in unison suggests that we were seeing either an asset reallocation out of stock, or even an old fashioned 'flight to safety.'

This precious metals market needs follow through more than ever, to break the downtrend which is an intermediate trend. We have some semblance of an inverse head and shoulders on the chart, little formations nested in larger formations, like fractals.

Let's see another up move like today's a few more times.

There was no movement in the Comex gold warehouse, typical for the non-active month of January.

Have a pleasant evening.




 
<< Previous article
Rate : Average note :3 (2 votes)
>> Next article
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
MOST READ
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Gold Editorials | Gold Resource News | Gold Fundamental | Gold Discoveries and Drilling Results | Gold Exploration and drilling | Gold In the News and Medias | Gold Most Read Press Releases | List of Copper mining companies | List of Lithium mining companies | List of Lead mining companies | List of Nickel mining companies | List of Zinc mining companies | List of Gold mining companies | List of Silver mining companies | List of Platinum mining companies | List of Diamonds mining companies | 金銀市價 | सोने_की_कीमत_और_रजत | Precio del oro y plata | أسعار_الذهب_الفضة | ราคาทองคำและเงิน | gold und silberwechselkurs
Contact us Privacy policy Disclaimer About us
copyright 24hGold
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.