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On April 12 th I wrote a blog post titled Precious Metals Melt-Down, and How To Manage It. I talked about how gold, silver and gold mining stocks have been flying under the media radar for over a year and that they were not catching the attention of traders, investors and the public anymore. I also said...
Posted to
Technical Traders Ltd.
by
Chris Vermeulen
on
04-30-2013
Filed under:
Filed under: GLD, SLV, Gold Trading, silver, gold, silver trading, gold miners, gdx, gdxj, sil, silver miners [Edit Tags]
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WOW Friday Precious Metals Meltdown is an understatement…. I love seeing all this fear in the market and panic selling volume jump through the roof. This is or is the "start" of the washout bottom in metals I have been talking about for a few months. Critical support levels have been...
Posted to
Technical Traders Ltd.
by
Chris Vermeulen
on
04-12-2013
Filed under:
Filed under: GLD, SLV, Gold Trading, silver, gold, silver trading, gold miners, gdx, gdxj, sil, silver miners [Edit Tags]
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The precious metals sector has been dormant since both gold and silver topped in 2011. But the long term bull market remains intact. As long as we do not have the price of gold close below the lower yellow box on the monthly chart then technical speaking precious metals should continue much higher. Large...