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Gold Daily and Silver Weekly Charts - The New York - London Gold Pool

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Jesse
Le Cafe Americain
Published : April 18th, 2015
109 words - Reading time : less than a minute
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Category : GoldWire

Gold and silver ended the week pretty much revolving around the same trading ranges.

I might say that gold is coiling for a move, but I really don't quite feel it in the charts or the action on the tape.

The pricing on the Comex is being run like a bucket shop, so using finely tuned technical indicators is probably fruitless.

At some point this gold pool will break down. When that will be I cannot say.

Next week will be light for US macro news, so we will probably see more influence from China and their wrestling with their financial asset bubble, and Greece.

Have a pleasant weekend.
Data and Statistics for these countries : China | Greece | All
Gold and Silver Prices for these countries : China | Greece | All
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