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
at

2 comments:

  1. AnonymousWednesday, April 05, 2006 8:27:00 AM

    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.

    ReplyDelete
  2. troyWednesday, April 05, 2006 11:08:00 PM

    Thank you,
    Enjoy it!

    ReplyDelete