Gold Price And Silver Price Updates
Gold sector cycle is up.
Gold Sector
$HUI is on a long-term buy signal.
Long-term signals can last for months and years and are more suitable for the long-term investors.
$HUI is on a short-term buy signal.
Short-term signals can last for days and weeks and are more suitable for traders.
Speculation has dropped below level of previous bottom.
Gold stocks testing resistance.
Summary
Gold sector is on a major buy signal and short term is on buy signal.
Cycle is up.
Gold stocks testing resistance.
Silver Sector
Silver is on a on a long-term buy signal.
Long-term signals can last for months and years and are more suitable for long-term investors.
SLV – short-term is on buy signal.
Short-term signals can last for days and weeks and are more suitable for traders.
Speculation is now at level of previous bottom.
Summary
Silver is on a long-term buy signal.
Short-term is on buy signal.
Silver is more volatile than gold, manage your risk.
Courtesy of www.simplyprofits.org