21/02/2017

Gold and Silver Divergence Indicates an Unstable Market

by John Galt February 21, 2017 05:20 ET Last week’s moves in gold and silver provided a divergent point in the precious metals markets as silver broke through a short term resistance point of $18 per oz., while gold struggled to continue it’s upward blitz. First gold, which put on a show to start the week but then stalled at the $1240 level: Unless gold can complete the move through the technically important $1280 level with improved volume to break the downtrend in participation for the metal, the price will probably…


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