Gold breaking out of wedge on daily Target 2000
Buyers absorb gold in the September sell down to 1,850 supported with a spike in volume but failing to drop further. A slight pull back in gold this week to 50 EMA with low volume would be a good signal to look for bullish reversals on the 4 hour or…
Silver in Territory For Explosive Upside and Reclaim $30
Silver ranged between $26 and $31 in January 2011, then rose for 3 months straight appreciating 76.5%. Silver currently sitting between $26 and $30 during an era filled with uncertainty and risk. Key metrics to consider is Gold has broken its All Time Highs, while silver has yet to even…
Gold To Keep Pushing Higher ?
Falling Equity Prices Equities have begun falling as markets begin to reverse price sky high valuations against realised assets and realistics growth expectations, coupled with election risks. Falling equity prices would encourage central banks to print more money (I.e Quantitative Easing), in order to support markets and the economy. Quantitative…