gold/silver index simple idea on weekly:
February low got broken indicating a trendchange.
R/R for this month is better to the downside.
A test of the bottom of the bb band area would be apreciated.
I don't expect it to break 71.63.. The 76 area would be a nice area to reach before we can look for a turn back up.
Longer term the trend is strong and remains up.
February low got broken indicating a trendchange.
R/R for this month is better to the downside.
A test of the bottom of the bb band area would be apreciated.
I don't expect it to break 71.63.. The 76 area would be a nice area to reach before we can look for a turn back up.
Longer term the trend is strong and remains up.