Tag: precious metals
Chartology: Silver (SLV) Breakout
Silver (SLV) rocketed higher pushing to the 30.75 resistance level that I mentioned in my previous technical update. However, considering the way it burst...
Chartology: Gold (GLD) Technical Update
After flirting with a breakdown in late May, Gold Trust (GLD) consolidated above lower support before breaking to new short term highs. GLD recently broke...
Chartology: Silver (SLV) Technical Update
After forming a three month base, iShares Silver (SLV) broke out above resistance to new short term highs (see previous chartology on Silver). The...
Chartology: Silver (SLV) Basing on Long Term Trend Line?
Silver (SLV) has spent the better part of the past 3 months attempting to form a bottoming base. 27.50 and 28.00 appear to be...
Gold and Silver Holding Above Critical Support
By Andrew Nyquist
Last week, both Gold and Silver bounced off major support lines and thus far the bounce has been strong. But bulls shouldn’t let...
Chartology: Silver Bounces Off Critical Support
Over the past year, Silver prices have tested critical support near 25 dollars three times. Question is, will it hold again? And is three...
Chartology: Gold Price Near Important Resistance
Gold prices have been giving metal heads heartburn in 2012. But the recent 65 dollar surge near support has many hopeful. First and foremost,...
Chartlogy: Gold Miners (GDX) in Make or Break Retest Zone
The Gold Miners index (GDX) may be retesting recent lows with a stealth, low volume retest. Important support levels to watch are the .618...
Chartology: Gold Technical Update
Gold spot price daily chart with technical analysis overlay as of June 14, 2012. Â Price support and resistance levels with technical analysis. Gold prices.
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Chartology: Gold Miners (GDX) Update
By Andrew Nyquist
As a follow up to yesterday's technical post about the Gold Miner's (GDX) capitulating, take a look at the intraday chart from today (see...