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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 366.07-0.1%Nov 6 4:00 PM EST

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To: TobagoJack who wrote (79263)9/8/2011 11:19:03 PM
From: Hawkmoon  Read Replies (2) of 217560
 
TJ.. Careful on your PM trades for the next few weeks..

Not liking where I see the Weekly MA's seem to be heading in SLV and GLD.

bigcharts.marketwatch.com

The 30 week MA on SLV has rolled over decisively.. Historical patterns suggest that more pressure on the metal lies ahead.

GLD is holding up better, but the 30 Week is showing signs of weakening and the MACD histogram indicates a peak was reached last week and it's downhill from here for at least a few months.

This all suggests that the USD is going to appreciate from here.

bigcharts.marketwatch.com

Hawk
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