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<p>[QUOTE="Douglas Ross, post: 7639121, member: 120595"]One service I follow is advising we are leaving a bearish period for gold and silver and advises a hold</p><p>The next seasonality to end is a bearish period for gold and silver stocks based upon the <b>Gold and Silver</b> index (XAU). We passed on this setup earlier as inflation concerns muddled the fundamental outlook and the technical setup appeared less than ideal. This decision proved prudent as XAU rallied along with gold and silver during this time. Positions in <b>SPDR Gold</b> (GLD) and <b>iShares Silver</b> (SLV) have advanced since last update and are on Hold.[/QUOTE]</p><p><br /></p>
[QUOTE="Douglas Ross, post: 7639121, member: 120595"]One service I follow is advising we are leaving a bearish period for gold and silver and advises a hold The next seasonality to end is a bearish period for gold and silver stocks based upon the [B]Gold and Silver[/B] index (XAU). We passed on this setup earlier as inflation concerns muddled the fundamental outlook and the technical setup appeared less than ideal. This decision proved prudent as XAU rallied along with gold and silver during this time. Positions in [B]SPDR Gold[/B] (GLD) and [B]iShares Silver[/B] (SLV) have advanced since last update and are on Hold.[/QUOTE]
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