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overtheedge
Member since May 2012
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Gold Daily and Silver Weekly Charts - Gold Makes a Move to Break Out - Jesse - Le Cafe Américain

"Gold Makes a Move to Break Out "
"We will have to see how gold follows through ... ,"
"Silver moved higher as well, but was not showing the type of feistiness that we would expect ... ,"
"It was nice to see gold take out the 100 DMA ... ,"

I ran to check my stacks.
Real concern. -8°C and 30cm of snow. Days are still real short up here at 62°N.
If they make it to the door, I'll have to put batteries in the metal detector and chase after them. Where's my headlamp?
Nothing so far, but I installed a 10GHz motion detector just in case my PMs got, shall we say, feisty?
Mayhaps my PMs are just resting up.
Lotta folks say you can't trust them PMs to remain stable like our currency.

No, not gonna ding you tonight.

Thank you for the high drama.
And a tip o the ole derby to ya, sir.

Commented 3537 days ago

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Beginning of the headline :With the commodity sector continuing to slump led lower by oil, we had a refreshing change in pace with gold pushing up higher towards a break out territory. We will have to see how gold follows through, and handles the likely consolidation or retracement at some point, to gauge whether this is truly 'something different' than we have been experiences in this precious metal bear market. Silver moved higher as well, but was not showing the type of feistiness that we would expect to see in a pre... Read More

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