It's Valentine's Day and one of the best gifts (for my members) is the promise of rising gold price at least in the short term scenario. Now what? We have been buying gold for short term trade since it crossed 1252, 1262 and now is crossing 1300.
Yesterday, I updated short term bullish gold and silver charts for members before it crosses 1300 this morning. Today is good day, lets me offer you some free gold and silver charts too.
SHORT TERM BULLISH GOLD AND SILVER CHARTS
Comment: Look like Gold will touch the upper boundary line around 1320 based on the uptrend channel and triangle breakout.
Comment: Look like Gold may touch the upper boundary line of the declining channel around 1345 (50 WEEKS MA) – on weekly chart
Comment: DAILY CHART- Silver finally breakout the small bullish wedge and also the declining channel
COMMENT: But on Weekly chart- Looks at the black circle- Silver still need some more works to break out