Gold & Silverbeta

December 11, 2012

The definitive group for discussing all things related to the precious metals

A resourceful community for those who hold, plan to purchase, or are helplessly infatuated with gold & silver

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By davefairtex on Wed, Nov 25, 2015 - 2:36am

PM Daily Market Commentary - 11/25/2015

Gold climbed -4.50 to 1070.40 on moderately heavy volume, while silver rose +0.01 to 14.15 on moderately heavy volume also.  Gold rallied, then sold off, while silver more or less traded sideways.

While gold staged a modest failed rally today, the larger picture appears to be setting up for a rebound.  The MACD momentum indicator is suggesting a rebound is near.  Downside momentum has slowed significantly and a reversal could happen at any time now.

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