01 April 2011

Gold Daily and Silver Weekly Charts



The failed bear raid in the metals today was so clumsy that it was almost embarrassing.

There was disappointment in those who were short the metals, or had lost their positions, and were feeling discouraged that silver and gold had failed to break down for them today and stay there as planned.

It's like a nightmare, isn't it? It will only get worse. Cry me a river...