Look at what is happening in the gold markets…
Gold & Silver
January 21 (King World News) – Graddhy out of Sweden: This Friday gold closed above MA10 and right under the black dotted now resistance line.
War In Gold Continues – Bulls Still In Control
Silver
Also silver closed above MA10 this Friday. And it has now made the undercut low. Indicators on both are looking hopeful for a turn here. Let’s see.
SILVER: Hopeful We Will See A Turn Higher
Silver Miner ETF
Graddhy out of Sweden: Looking stable despite silver being pushed down today. Backtesting the blue dotted trend line plus MA50. Positive divergence on RSI 5. Will probably move quickly up to recent highs once we bottom, looking at the thinner zone just above.
Silver Miners Will Move Quickly To
Recent Highs After We Bottom
Panic And Euphoria
ALSO RELEASED: Panic And Euphoria As We Kickoff Tuesday’s Trading CLICK HERE TO READ.
***To hear James Turk discuss the gold and silver markets and more CLICK HERE OR ON THE IMAGE BELOW.
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