Message: Gold and silver 2 week patterns

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bigpic4ever

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Gold and silver 2 week patterns

posted on Oct 30, 09 02:26PM

The perspective isn't bad when view in sequence.

Giold peaked about 2 weeks ago at spot $1071, down to $1025 Wednesday, up to $1048 yesterday, down to 1035 this morning, and at 1041 now.

Silver's sequence was $18.08 high, $16.10 this Wednesday, $16.70 yesterday, $16.16 low today, and $16.30 as I type.

We should get new lows early next week [hopefully not], a retest of recent lows, or we could just take off Monday. Focus less on price and more on which way the trend emerges coming out of Nov.2-4.

ECU....ah, yes, ECU...need to get its tail back to $.70 TODAY!

DOW was creamed down 250 earlier today, oil hit by $3, HUI down 27 [down much more today than it was up yeaterday].

All are somewhat up off daily lows with 90 minutes remaining....pic

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