It's been quiet on here so thought I would make my first post
Love your work Mzansi and have been following this thread for the last 12 months without comment - I can't help but feel we are all being conned and manipulated with these precious metals markets - in the real world physical gold & silver cannot be got and the price should be 2-3x where it is now on XAU and XAG !
anyhow ...
analysis - we have failed to break $1,600 this week and closed each day below this important number, so we will be headed to the next big support at $1,550
I have a buy order sitting at $1,550 and an open sell order from $1,597 - TP you guessed it $1,550 - SL at $1,601
Love your work Mzansi and have been following this thread for the last 12 months without comment - I can't help but feel we are all being conned and manipulated with these precious metals markets - in the real world physical gold & silver cannot be got and the price should be 2-3x where it is now on XAU and XAG !
anyhow ...
analysis - we have failed to break $1,600 this week and closed each day below this important number, so we will be headed to the next big support at $1,550
I have a buy order sitting at $1,550 and an open sell order from $1,597 - TP you guessed it $1,550 - SL at $1,601