Here is an important gold and silver update after the Fed decision to lower interest rates.

Gold Sector
October 31 (
King World News) – 
Graddhy out of Sweden:  “Made another perfect backtest to my support line today. And at present we have a pretty bullish engulfing. Many leading miners are looking good I would say. Anything can happen around FOMC, but right now, it is looking good, so far. (See below).

Many Leading Miners Are Looking Good

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Silver Sector
Also my 2h SILJ is continuing its backtest. That’s a pleasant final candle for the day if it were to hold into the close, which it looks right now like it will. Full Stochastic about to turn up as it sits right now. (See below).

Many Leading Silver Miners Are Looking Good

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