1811 Capped Bust Half Dollar

1811 Capped Bust Half Dollar

Thursday, January 29, 2015

Gold and Silver---Todays profit taking

It happened quickly, charts were indicating a posssible top. I wouldn`t be betting heavily on the short side however. The weekly chart still has a step ladder up. The candlestick for the day stopped half way down to the large white candle. That can be normal, if by chance it breaks down to the downside from that it would indicate the pattern broken and would test the support level of the last bottom which is not that far down from there. I am neutral on the direction up or down till we see more trading days.

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