Rumors of selling paper markets, sell offs Market Chart Review
Be careful in the paper markets buy physical metals sooner or later the paper fix will end as all paper debt fiat money does..... Buy Physical Metals
Be careful in the paper markets buy physical metals sooner or later the paper fix will end as all paper debt fiat money does..... Buy Physical Metals
Thanks for the video Rusty.
With regards to the hammer above support on AG, the following breakdown occured on the exact day that silver hit resistance and continued a down trend, on the 28/06/2017. Prior to this, on the 14/06/2017, AG took a massive down leg as Silver bearish retraced into the 34ma. On the 07/06/2017 silver had a two bar reversal at resistance lows and AG also fell over. Technicals be damned on the miners. Currently, they follow the metals and that is all they do.
On a separate and hopefully positive note, reverse head and shoulders on the GOLD 1HR? Well by the time you read this it may have fallen over, who knows!
13:30GMT. Thought I would add, gold got a smashed down to 1217 from about 1222 and then instantly rebounded upto 1228! Strange stuff going on lately, hard to explain though I have noticed that more often than not, gold takes a kicking just before US open.