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How Much Higher can Gold and Silver Go?
Gold and Silver have been bullish in 2015, part of a shift in trend that began around Nov. 2014. Let’s take a look at the charts to assess where these rallies might go to. Double Bottom: The 4H gold chart shows a double bottom that formed at the turn of the year. Last week, price broke above the double bottom consolidated, and ended the week with a confirmation of the breakout. At least in the 4H chart, we can see a market developing a bullish market. 1200: If there is a pull back at this point, 1200 will be a key area to monitor for support. If it holds, the bullish outlook remains, but if price falls back below ... (full story)
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