Losing Its Appeal? Gold & Silver

fear greed index

  • US equity is the best out of a bad neighborhood
  • Gold failed to rally higher – priced in Turkey failed coup and Nice terror attack
  • Gold daily posed a bearish double top formation
  • Gold weekly posed a bearish engulfing candle
  • Specs long could use this opportunity to reduce exposure
  • Investors maintain ETF investment – short term supportive
  • Gold/Silver ratio indicate a possible pullback in favour of gold rather than silver
  • Silver broke below $20

Gold Monthly

Gold Weekly

Gold Daily

Silver Monthly

Silver Weekly

Silver Daily

Gold/Silver Ratio – Weekly


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