The Phaserl


Gold And Silver Have Broken Out! Is It Official?

from Gold Silver Worlds:

What a month for the precious metals and miners. Usually, as proven on the chart in this article, June has been seasonally the weakest month of the year. Not so in 2014.

The first days of the month appeared the start of a new break down. Both Gold & Silver broke to new lows at the critical point of the wedge recently. It was nothing less than a false breakdown.

Silver has just broken through it’s long term downtrend line & broken out with gusto with a $1 move. Gold at $1320 is about to do the same.

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