Gold Monster

Gold Monster

Tuesday, February 15, 2011

Precious Metals

SILVER: This is the moment of truth. Is Silver going to form a triple top and pull back or is it finally going to break on through to the other side?  It will break through that resistance above $31oz within the next 3 weeks if not this week. Nothing but blue skies from there. $35oz silver will be here by June.
GOLD:  Its slowly working its way back up. It just topped the 100dma.  That is a good sign. By next week we might be testing $1420oz.
PALLADIUM: We should see a pullback at $840oz. If we can pullback to the $780-$790oz mark Id be a big buyer.

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