here’s the previous Gold/Silver Index posts:
http://bartscharts.com/2013/10/03/gold-silver-index-a-guide-for-the-yellow-brick-road/
so, as you can see the geometry is sure starting to unfold for a “double bottom” type of scenario and then, potentially, higher. If you read my Gold posts
http://bartscharts.com/2013/09/07/good-as-gold-part-1-of-2/
http://bartscharts.com/2013/09/08/good-as-gold-part-2-of-2/
then you’ll see how I’m looking for one more move lower on the Gold to set up a very nice buying opportunity. you’ll also see the reason why the levels approaching on the Gold/Silver Index are so key. Stay tuned on the Gold/Silver index because the level it found support in is KEY .. if we break that to the downside via a daily close below that level, then the index and Gold could certainly take a smash. stay tuned …
