Gold Daily and Silver Weekly Charts – Twenty Lords a-Twerking
The Lords of the Markets were determined to see stocks back up today, and the metals pushed much lower.
Alas, they tried their best, but rude reality intervened, with stocks finishing weakly with a heroic effort to take them off the lows, once again in the afternoon, and the metals resisted numerous attempts to fall on the selling of their cousins, the many synthetic derivatives spewed forth from the bowels of the bullion banks.
There was intraday commentary here in which I take you through what the current chart formation, the rounded bottom or cup and handle, and what they may imply. And I hope you appreciate the effort I am making at seriousness, eschewing the many, many bad puns that the term ’rounded bottom’ suggests to creative, but all too worldly, mind.
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Source: http://financialsurvivalnetwork.com/2016/02/gold-daily-and-silver-weekly-charts-twenty-lords-a-twerking/?utm_source=rss&utm_medium=rss&utm_campaign=gold-daily-and-silver-weekly-charts-twenty-lords-a-twerking
