Gold and Silver – 10 May

This is an easy update, same as yesterday, just a little higher across the board. The charts with resistance and support are virtually unchanged. We are looking for a swing high in both gold and silver to determine the upper limit of an almost certain trading range over the next month or so. With QE2 supposedly coming to an end and uncertainty as to what the Hell is going to happen in general will take some time to digest. The beauty of it all is that nothing is fixed or resolved, the trade of the century remains on track. Don’t try game it or be a hero, just hang it all in gold. Buy and holders have cleaned everyone’s clocks.


This entry was posted in Dan Norcini Gold Analysis, Gold, PHYS, PSLV, Silver, Technical Analysis. Bookmark the permalink.

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