19 May 2015

Gold Daily and Silver Weekly Charts - Pullback


Gold and silver have been steadily rising, but today gave a piece of that up and fell back to near support.   The 1200 and 16-17 ranges have their allure.

What a surprise.
 
The dollar rallied off the 'better than expected' home starts and permits number.  Recovery!
 
There was intraday commentary about The Recovery™  here.

Have a pleasant evening.