Gold and Silver Update | Reversal or Continuation on Gold?

Gold and Silver both put a bottom at the 200 day moving average support. So the question is will this be the bottom for Silver and Gold, or will we see a continuation?

There are two scenarios here: either we shall get a reversal pattern (indicating that Gold/silver will go higher) or we shall see a continuation of this downward move if the metals take out the recent lows.

A head and shoulders reversal pattern could be the first indication here that the metals are likely to head higher.

See the video above for details.

2 Comments

Comments are closed