I never put much faith in tech analysis for gold and silver prices. I've lost a bunch playing gold and silver but I also made some. Probably a wash. Gold is dependent on jewelry when it's not dependent on hedges for world problems and inflation hedging. when both are in your favor you will kill it, when both go against you you will get killed. Predicting this is like ready tea leaves most times. I'll stick with silver.
Gold Bubble?
in Gold Panning, Sluicing, Dredging, Drywashing, Etc
Posted
I never put much faith in tech analysis for gold and silver prices. I've lost a bunch playing gold and silver but I also made some. Probably a wash. Gold is dependent on jewelry when it's not dependent on hedges for world problems and inflation hedging. when both are in your favor you will kill it, when both go against you you will get killed. Predicting this is like ready tea leaves most times. I'll stick with silver.