At a bottom now for gold? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : At a bottom now for gold?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Brian Gerbozy who wrote (413)	5/8/1997 6:11:00 PM
From: Bo Bob Brain	of 1911

Indicators higher in the Gold and Silver markets. This is the first time in months that the gold and silver indicators are pointing higher simultaneously. Today silver moved to resistance at $4.86 - $4.88. If silver can get above this resistance level, a move to $5.00 is likely. Gold filled one of its downside gaps today and appears headed towards its resistance at $350. Pullbacks look like buying opportunities. To answer your question, I haven't researched the long term trend for silver, the market manipulations of the Hunt bros. skew the charts, but I'll look into it during the week .

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next