Gold and Silver have yet a long way to go before we can come to a definite conclusion as to their destinations. Punters as we may call the big players are making hay while the investors are at a loss of thought as they are not able to make up their minds as to what to do? A big blog has ben created in their minds and unstability prevails. Gold looks at touching $620-$630 the moment it rises above $600 and the moment it breaks $586 it looks towards $540-550. So what to do??
Same is the case with Silver albeit with a more positive outlook.
This is just the right scenario the punters wanted. Now we have started hearing levells of $480-$500 in the market where we were earlier getting sounds of $750-$800. This is what the punters wanted. The markets are set for a major reversall but?? after a quick slide which should be a major one to say $10.47 for Silver and $ 540.00 for Gold.
So stay put and do not hurry or overreact to any push or pull. Crude also is pushing and pulling gold and silver in both directions but it is definitely destined ro $55.00 at which point it should consolidate and rise.
Look positively and don't hurry.
"PATIENCE IS THE KEY"
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