Loading ...it is very disconcerting to see G&S back to the pre-rally type of trading where. gold and silver get locked into tight ranges….yesterday silver spent 2 or 3 hours moving one cent up…then down…yes, at least this is all happeneing at. a new high level…but this type of trading could be a precursor to moving back down thru the supprt levels to under 1300 again…
yesterday. was an extremely. negative day….not in the amount of the loss but in the pattern as the day unfolded…in the afternoon, gold manged to go green by 90 cents and looked like it was on its way to a positive close…that lasted all of about a minute before gold was pushed down to a 6 dollar loss…that is an example of pre-rally trading—I am on guard…
Sunday nite gold opened down and by morning was up 8 bucks—that is the type of very. bullish action one would expect to see—gold should have been good to go for the day…but no…it was all reversed and THAT. was extremely bearish…p.s.—silver has been unchanged since I started watching at. 9:30—hasn’t traded a penny above or below—how is that possible?