1811 Capped Bust Half Dollar

1811 Capped Bust Half Dollar

Wednesday, March 19, 2014

50 Day Moving Average

How just a couple of days can make a difference. The charts for Silver and Gold are really mixed. The 50 MA for Gold has approached very close to the 200. Selling is battling against the Goldencross. Other indicators that I had mentioned before could put pressure to the downside. It looks like an undecided position is the best bet to let this wash out. The charts are just too difficult to tell what will happen.

No comments: