Commodity Trade Mantra

Posts Tagged ‘Weekly Gold Charts’

Gold And Silver Markets– Little Hope, Little Change From Last Week

Gold is still in a weak market condition. Is a bottom forming? We keep getting closer without knowing how close the anticipated bottom will be. The chart comments set out the facts from the chart as it exists today. Whatever the potential for a turnaround may be, it will take some time to break through the layers of built-up resistance to change the existing trend.

Gold And Silver – A Telling View Through ETF Charts

None of the fundamentals are currently reliable for market timing, charts being preferred for that aspect, and even the charts are not indicating the “when” will gold and silver embark on a change in trend. With an overload of news events, a shorter read of what is going on in the markets via the charts makes more sense.

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