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 Sat, Mar 28, 2015 - 5:52pm

PM End of Week Market Commentary - 3/27/2015

On Friday gold fell -5.30 to 1198.30 on moderately heavy volume; silver dropped -0.13 to 16.97 on moderate volume.  Gold sold off today but managed to recover some of its losses; it as a result it has yet to mark a swing high, and it remains clearly above its 9 EMA.  This tells me that the two-week gold rally is still very much alive, in spite of the ugly hammer candle on Thursday.

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