Monthly chart analysis I think Gold and silver price are mainly affected by the inflation. Some ppl expect Gold price back to $1000 again, but i don't agree, unless Deflation,or,the Great Depression.
Commentaire
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Monthly Chart update: Added US inflation data and China GDP data in Jul.
Hi Faylee.... I agree with your suggestions recently of buying silver on the dip ( a .786 correction takes silver to 15.20 , for me a good spot to take a buy). I am uncertain if the corrective phase is over as yet ( C wave is still present ?????). I do agree that silver will be up .... its 5 year MAV is 19.60 ... so price should revert up. I do enjoy your analysis ..... salsapete
RajkumarGera
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thank you for update----good sir
andreag76
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Silver at 22 in winter season?interesting......
Let's see what will happen .....