Saturday, October 5, 2013

GOLDEN CROSS (upward trend)

There is a new golden cross forming and it will be here soon (In 2014) the golsen cross is when the 50day moving average and the 200 day moving average combine and hit


Green is 200 day moving average

Blue is the 60 day moving average

Red is the close of Silver price each day

Take a look at the chart below and you will see the pattern
Years the hit on the uptrend 2009, 2007 and 2004
next time 2013/2014 they look to hit the trend shows gains after hitting





10 Year Silver London Fix Daily with 60 and 200-day moving averages
 
Silver Technical chart [Kitco Inc.]
 

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