by Bill Downey     Price Analysis of Gold and Silver

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Technical Analysis Trading Gold, Trading Silver/ analysis By Bill Downey providing key turning points & charts for investors and speculators in Precious Metals Trading, and Precious Metals Markets

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Bill Downey, of Gold Trends.net, LLC, is an Independent Investment Analyst with over twenty years of study. YOU SHOULD NOT TAKE ANY MATERIAL posted on this WEBSITE AS RECOMMENDATIONS TO BUY OR SELL GOLD OR ANY OTHER INVESTMENT VEHICLE LISTED. Do your own due diligence. No one knows tomorrow's price or circumstance. The author intends to portray his thoughts and ideas on the subject which may s be used as a tool for the reader. GoldTrends does not accept responsibility for being incorrect in its speculations on market trend or key turning points that it may discuss since they are at best a calculated analysis based on historical price observations.

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Identifying the Optimal Turns
and Trends of the Precious Metals Market
of the 21st Century Gold Markets

Gold resistance for Thursday is 1390-1407 


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Looking for info on gold price trends? This is the right place! GoldTrends.Net is the leading analysis source for the precious metals market. Industry expert and speaker Bill Downey is the main editor of the site, adding free daily blog content, a free daily newsletter and a fee based private membership area with enhanced content. 

Report Status:  The Daily gold report is posted for Thursday. Next silver update Thursday night. 

Read our article "How the Gold Market was Crashed" ~ April 12, 2013


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GOLD BLOG UPDATE ~ May 20 2013

Silver plunges 10% but touches key support area on chart ---did we see the low ?

Gold reached chart line support in the 1330-1338 area so far today and is one of the 3 points where we could see this weeks low develop....

Read more...

silver plunges 10% in early sunday evening trade but hits major support line on chart

 


               


How To Interpret These Graphs

Position Ratios Shows the percentage of open positions held for each of the major currency pairs. For each pair, the percentage represents the total open positions (both long and short) relative to the total number of positions held for all the major currency pairs. Note that the percentages always add up to 100%, even though minor currency pairs are not included in the calculations.
 
Long-Short Ratios Shows the ratio of long vs. short positions for each of the major currency pairs. The left percentage shows long positions; the right percentage shows short positions.


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Technical Analysis :: Gold & Silver

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