The Phaserl


17 Gold And Silver Charts Forecasting No Rally Is Coming (Yet)

from Gold Silver Worlds:

The changes going on in the world continue to accelerate, but changes that directly relate to gold and silver are hard to find and correlate to developing price activity. This was addressed in the first two paragraphs of last week’s article, Forget The News, so there is no need to repeat how fundamental news is not driving price.

None of the fundamentals are reliable for market timing, charts being preferred for that aspect, and even the charts are not indicating the “when” will gold and silver embark on a change in trend. With an overload of news events, a shorter read of what is going on in the markets via the charts makes more sense.

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