Loading ...Gold, Silver & Miners – Quick Summary
All 3 charts are on the edge of a large move. Gold targeting somewhere above $1700, and possibly a little above $1800. Silver somewhere in the $20-$22 range, with $24-$28 a possibility. GDX is playing out a reverse symmetry candle with April 2013, which, if it completes, will take us to at least $37.
Silver also giving me some thoughts… will just have to see where the whole complex sits when gold hits 1800.
Tricky one isn’t it. The GSR is probably the clue, which is why I think $27 is a possibility, when gold touches $1800.