Monday, January 28, 2013

1/28: GLD & SLV update

It has been a few weeks since my last update and I would like to review the technicals on gold and silver. As you can see below, we have not quite reached trendline resistance on gold & silver just yet (marked as Wave D on both charts) but I still believe we are likely to make an attack on those levels before we make a final low set in (marked Wave e on both charts).

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