PHLX GOLD and SILVER SECTOR INDEXPembelian
XAU Gold & Silver monthly linear chart
Not quite sure this is a bearish picture…
Seems this index always had violent consolidation periods after a thrust upwards. As long this remains above the 3 year moving average and that horizontal support around 130$… just standard operating procedures.
As for the targets, well first watch for the current box to resolve.
Seems this index always had violent consolidation periods after a thrust upwards. As long this remains above the 3 year moving average and that horizontal support around 130$… just standard operating procedures.
As for the targets, well first watch for the current box to resolve.
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