Saturday, May 13, 2006

Gold , Silver market update

The Gold Silver ratio (XAU / XAG) = ~49.85, Dow / Gold = ~15.94, Gold / Oil (Light Sweet Crude) = ~9.92. Here are Spot Gold (XAU) and Spot Silver (XAG) intraday charts annotated with moving averages, trend lines and Bollinger bands.

XAU, Spot gold intraday chart

XAG, Spot silver intraday chart

Related :

1 comment:

BlueDaze said...

Hi real1,

You remarked in Bill Cara's blog that the current correction in gold may be a good buying opportunity.

If I read yr gold chart correctly, the trendline support is at the $670 level.

So, gold at around $670-680 could be an entry point.

Search

SUBSCRIBE

Gold Global Perspective Feed

AddThis Social Bookmark Button AddThis Feed Button

Archive

Labels