Gold & Silver Technical Picture

Price Outlook  ?

By D Mitchell

 

Lets us look at the gold and silver price action and hopefully garner a clearer picture of where we are at, do the metals hold an exciting prospect for new investment at these levels even after the large moves higher over the last few months?

With this in mind I will refrain from updating on the perfect storm in the global economic, political, social, currency and financial macro-picture that’s justifying much higher precious metal prices, instead let us just concentrate on the price action and if one should still be buying today, levels to watch for, seasonality of gold prices and ultimately the bigger price picture moving forward. 

 

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Disclaimer: The information contained in this website should be used as general information only. It does not take into account the particular circumstances, investment objectives and needs for the investment of any investor, or purport to be comprehensive or constitute investment advice and should not be relied upon as such. You should consult a financial adviser to help you form your own opinion of the information, and on whether the information is suitable for your individual needs and aims as an investor. You should consult appropriate professional advisers on any legal, taxation and accounting implications before making an investment.