03 August 2010

Gold Daily Chart; Silver Daily Chart; US Dollar Daily Chart


Gold Daily Chart

The cup and handle formation held intact, but the toughest part of overhead resistance is dead ahead, all the way up to 1212.



Silver Daily Chart

Silver looks to be on the verge of a breakout to the upside to test 19.20.



US Dollar Daily Chart

The dollar sliced through support like it was not even there. A test of 80 area support is in the card, and the dollar is getting short term oversold.