Gold and Silver bounced back up today after yesterdays sell off.
Silver is still trading over the 200 day moving average which is a good sign. The 50 dma is just over the 100 dma which is also bullish. With a continued uptrend, the shorter term moving averages will cross over the 200 dma (orange) which should bring more speculators into the market. (Computer trading algorithms and HFT will also kick in)
Here is a quick vid of Korlin interviewing Greg McCoach.
Silver is still trading over the 200 day moving average which is a good sign. The 50 dma is just over the 100 dma which is also bullish. With a continued uptrend, the shorter term moving averages will cross over the 200 dma (orange) which should bring more speculators into the market. (Computer trading algorithms and HFT will also kick in)
Here is a quick vid of Korlin interviewing Greg McCoach.
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