Interesting that gold bottomed on the 16 August yet the US gold indices bottomed on 11 September.
Looking at the indices on the weekly gives us the possibility of a big reversal to the upside if they can continue strongly into the end of the week.They are still well oversold on the weekly.
For gold a break above $1215 would be a decent sign of a bottoming process.
Normally the shares will bottom before the metal but we all know it aint normal man.
Silver really needs to start outperforming gold here.
She's still all pretty precarious.
Even into the close gold was pressured down from 2pm today to deter buyers.
Bout time the stinkin bombers got what they deserve.
Bottom here?, page-13
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40.5¢ |
Change
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Mkt cap ! $1.543B | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
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| 41.0¢ | 579726 | 3 |
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