Precious Metals

Time to have a look at the evidence on precious metals.

Gold monthly study with the Coppock curve is still looking decidedly neutral. The kijun sen if flat. Price is on the bottom of the kumo resistance. Coppock curve is turned down towards the center line. The MACD is ever so slightly crossed up. In total, long term neutral.

Gold weekly has a kumo breakout and trend line resistance breakout up to the previous 2017 high resistance. A break above this level is medium term bullish.

Gold daily on resistance.

Silver weekly is neutral. On kumo resistance. MACD is crossed down.

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