22 April 2015

Gold Daily and Silver Weekly Charts - Rangebound for now


We had a few paper claims traded for gold and silver in the delivery reports.

They were moving bullion around the plate in the warehouses.

Gold and silver took a hit around 10 AM New York time and never really recovered.

There is a minor option expiration next Monday.

The next move will show us the trend, or trend change.

Have a pleasant evening.