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XAU index breaks 2 yr uptrend line --Gold related

RedneckHBRedneckHB Posts: 20,240 ✭✭✭✭✭
The Phila gold/silver index is trading below its 2 yr uptrend line this morning. It is trying to find support at the Feb lows. A break of that lows takes the index down another 10%.

That places gold at the lows of last May/June.
Excuses are tools of the ignorant

Knowledge is the enemy of fear

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    RedneckHBRedneckHB Posts: 20,240 ✭✭✭✭✭
    Gold down $6. Commodities across the board getting pummeled.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

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