by Taki T, Gold Silver Worlds:
The chart setup for gold and silver does not really look like prices are ready to move (much) higher, at least not in the short run. Excellent gold and silver chart analysis was provided by Michael Noonan in Gold And Silver Charts Going Into 2015: Expect More Of The Same, courtesy of ChartAnalyst.expert. Another excellent piece was written by the editor of MarketOracle Gold Price Trend Forecast 2015. Although we should not expect fireworks in the prices of the metals, there are some favorable trends playing out “under the hood”. They do not reflect the generally accepted pessimism towards the metals.
Our belief is that it will take some time until the price will move back in line with these fundamental trends. Until then, gold or silver owners can rest assured that the gold and silver market is not as bad as some would like to make you believe.
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