Loading ...IMPORTANT REMINDER: The Gold & Silver prices will not collapse along with the broader markets because they have been close to their lows for several years now while the markets are near their tops
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If we look at the MACD technical reading on the bottom of the chart, we can see a very ominous setup. The Dow Jones Index high trend-line (upper black dotted line) is about 1,000 on the MACD. As of trading today, the MACD is at 1,761. However, when the markets crashed in 2009, the MACD fell to a negative 1,000+ points. So, as you can see, the Dow Jones Index has a long way to fall before it first gets to the “O” base-line.