Gold and Silver post magnificient reversals

As expected yesterday, GLD found support on the uptrend support line today as it hammered to close at the high of the day.

Silver was even stronger and SLV found support at around the bottome line of Andrew fork. Silver was the biggest gainer in the commodities and silver futures closed up +5% from yesterdays close.

Advertisements


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s