20 October 2011

Gold Daily and Silver Weekly Charts - Risk Off on Euro, Metals Hit As Usual



It was a 'risk off' day as euro jitters provided an excuse for a bear raid on metals, and weakness in stocks, particularly the tech sector.

The US Dollar Failed to rally, which all other things considered is remarkable.

Tomorrow is a stock option expiration day.

This is a difficult market. Be very careful if you must trade.







"Keep An Eye Out For Predators"

From light and composition and clarity I consider this an almost perfect picture.

All the more remarkable that it is a color slide taken on the Colorado prairie in the 1930's.