We are in a critical point for gold and silver, tomorrow or Friday (NFP) we will have a clearer picture.
I believe the resistance will hold. If that's the case, gold and silver will go down. I think silver will be more rewarding among the 2.
Pay close attention to the 10Y behavior before taking any position.
Will update when we have a clear direction.
I believe the resistance will hold. If that's the case, gold and silver will go down. I think silver will be more rewarding among the 2.
Pay close attention to the 10Y behavior before taking any position.
Will update when we have a clear direction.
Comment:
We will soon test the resistance on UJ, if this break, that is likely confirm the short. This can happen tomorrow on the NFP.
Comment:
Looks like it has found a direction. Silver is down quite signiticantly at the moment. Finally, it seems that neither Trump's missiles or NFP were able to stop its cycle.
Looks like it has found a direction. Silver is down quite signiticantly at the moment. Finally, it seems that neither Trump's missiles or NFP were able to stop its cycle.