Gold and Silver post magnificient reversals
Posted: August 25, 2011 Filed under: Commodities, GLD, SLV Leave a commentAs 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.