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Precious Metals Update - 10/27/17

xau/yahoo a/d line precious metals gold advance/decline line silver

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#1 fib_1618

fib_1618

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Posted 28 October 2017 - 10:56 AM

...any "failure to succeed" to breakout above the trading range would push the next opportunity for a tradable intermediate term bottom out to the end of the year.

 

Pretty much self explanatory as the XAU/Yahoo advance/decline line showed a technical breakdown this past week.

 

With a test of the $1210 area now probable, we're still on schedule for the next opportunity of a tradable bottom towards the end of December.

 

Fib

 

xauyahoo102717.png


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#2 claire

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Posted 28 October 2017 - 03:28 PM

Thanks, Fib.  You've been on top of this for quite a while.  







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