Tuesday, April 04, 2006

Gold and Silver update

Gold (XAU) and silver (XAG) are in a very powerful uptrend and higher prices should be expected. I annotated the gold and silver charts with diagonal trend lines support which can be used as stop / enter spots.

see Gold & Silver mining stocks reviews

see Commodity charts

All trend lines support are well above 10$, the days of single digit silver are probably history.
silver (XAG) chart

Gold (XAU) chart

2 comments:

Anonymous said...

Tks.

These are perhaps the 2 simplest charts to see and understand.

I know the fundamentals for the gold-bull are good.

But as a total non-TA guy, its hard to judge when to enter / buy.

Your site is a great help.

real1 said...

Thank you,
Enjoy it!

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