Sunday, August 7, 2016

Updated Metals Pricing

Here is where we left off Friday night.

Starting with the gold chart:


And finishing with the silver chart:



After the big run up in June,  both metals fell and then rebounded.  Look to be falling again, we will see about any rebound.

Looks like two cup patterns in both the gold and silver charts.  Wouldn't mind seeing a handle form on the end of these cups with a small consolidation phase before grinding higher this fall.