Gold and Silver Recovery a Positive Sign For the Bull Market
- GoldSilver Pros
We discuss the gold and silver markets by going over this weeks market data. We compare the short traders that came in the last few days and smashed down the price of both gold and silver . Metal deliveries are still strong enough to push both metals past the resistance and keep the bull market going. As silver’s upcoming September Decision Month looms, we discuss the prospects for silver pushing past $30 an ounce onto a new plateau. As we approach Gold’s December Decision Month, we will know whether gold backtracks to $1800 or keeps going strong. This coming Sunday, we will dive further into the COMEX deposits and discuss how the exchanges can affect trading over time using margin.
end