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Weekly Charts Look Good in Gold
25
@handofzara
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Pulling back a bit to a longer time period and posting the weekly charts. Gold hit new highs this week, to levels not seen in years and closed the week above $1800 per ounce.
On the weekly chart silver appears to be at a resistance level but closes above $19 per ounce.
On the weekly charts, GDX, the miners, looks very positive.
All in all a very good week in the precious metals.
I think we see further pullbacks in the beginning of next week, but then again what do I know?
Oh wait I do know that unless you hold it in your hand you don't own it!
Peace out and stack on.
