Si_f
"GOLD UPDATED ROADMAP$GC_F $GLD $GDX $GDXJ $DUST $NUGT $GOLD OBSERVING PRICE ZONES.......IF FALURE BELOW 1211.20
THEN LAYING OUT SOME PROBABLE PATHS OF PRICE..
ANY CLOSING FAILURE BELOW 1175 INCREASES ODDS
THAT PRICE WILL RUSH TO THE BREAKOUT AT THE
BOTTOM OF THE BASE..
STAYING ABOVE THE HIGHLIGHTED
BALANCE POINTS GIVES THE DESIRE BIAS OF ITS PATH.
Silver (SI) Bottoming on Weekly ChartSilver, like gold, is forming a significant bottom as its weekly and daily RSI, Stochastics and MACD have all either turned higher or are completing their bottoming stage. Significantly, silver has been trading within a price range that previously saw consolidation activity in the summer months of 2010 before silver skyrocketed to near 50. I`m not suggesting similar upside but at the very least, a respectable initial upside target in the 18.5-19 zone where previous support had been found in the first half of this year, which will likely coincide with the massive downtrend resistance line (as seen connecting the May 2011 peak to the July 2014 top). Feel free to visit stks.co for today's technical analysis on $GC_F, $SI_F, $USDX, $EURUSD, $USDJPY, $GBPUSD, $NG_F, $CT_F, $ZC_F, $ZW_F, $SB_F, $KC_F.
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