11 October 2011

Gold Daily and Silver Weekly Charts



Gold was strong overnight but was stepped on quite hard about 9 AM London time as is often the case. The east buys and the west sells.

Nothing has broken out yet. So we wait a bit and bide our time.

I am running some moderate gold bullion and a light silver addition on the ability to hold 32. A small hedge short broad stocks goes with it. No miners yet in the portfolio.