Wednesday, November 4, 2009

Why does Silver not foloow Gold ...?




  • Silver is considered as GOLD on Steroids with repect to its Volatility
  • Silver usually leads gold
  • Silver right now is not following Gold to new Highs (Divergence !!)
  • Silver sports Divergences to Gold at turning points
  • SUSI kept a Sell on Silver
  • our SUSI Indicator (see (1)) doesn't seem to develop a higher High, which would have been bullish
  • ...neither does the price action (see(2))
  • we might get some good chances for a low in the future (see (3) TimeCycles)

Could Gold and Silver develop a Headfake ?

Pls see also this post from the ETF CORNER and our GLD flow post from yesterday

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