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Gold Daily and Silver Weekly Charts - Cap, Cap, Pounce

IMG Auteur
Jesse
Le Cafe Americain
Published : September 03rd, 2014
108 words - Reading time : less than a minute
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FOLLOW : Comex Gold Silver
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Category : GoldWire

Welcome to September. Ouch.

The spotlight is now on silver, and less so on gold.

Both metals took a hit that was fairly obvious starting late last night. I was surprised it did not go deeper.

It is tough to make a real short term bullish case until we break this pattern of lower highs and lower lows.

Big amount of silver get shoved around the plate at the Comex, so we will have to shift gears a bit and adjust to reports with much bigger numbers of ounces involved.

Today was the first day. Let's see how the rest of the month goes.

Have a pleasant evening.
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