Friday, September 30, 2011

Gold and Silver revisited....

Let's check out how gold and silver have been trading.  Below are the charts on the futures of both.

Gold currently sits at $1624 an ounce.  Silver is currently at $30.38.

You can see from the charts that both are taking a breather from the selling.  However, both are close to another breakdown.

Gold has support at $1600 and Silver at around $30.



No comments: