Significant corrections are taking place for both gold and silver. So far this is the sharpest drop seen since the mid august bottom. Each Fib line is currently a possible downside target.
Personally, I observe that at the moment some other markets offer superior short term trading opportunities.
Silver (Spot price) 8 hours chart
Gold (Spot price) 8 hours chart
Monday, November 12, 2007
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment