This Guide is Now Mobile Compliant

Gold Leads Silver

Precious Metals Market Analysis
02/13 thru 02/24/2017




Originally Posted on 02/20/2017 @12:04am


 Subscribe to this Weekly RSS Feed



Hello,

I hope that you and your family had a great week.

Under, "Last Week's Best News" taken from the home page, is this week's post 'Gold Leads Silver.'

best news
Hussman Funds - Time-Stamp of Speculative Euphoria


Casey Research - If This Trend Continues, a Full-Fledged Credit Crisis Is Inevitable


Advancing Time - Revisiting the Derivatives Time Bomb


Coin Update - Milk Spots on Modern Silver Coins: How Big of an Issue?


The Corner - Dodd-Frank deregulation could turn banks into massive sellers of treasuries


Bullion Vault - Gold: The Fear of the Deal


The Best of the Week for Gold NanoParticle Cancer Research

GOLD NANOTECHNOLOGY : CANCER RESEARCH : IFLScience - Copying Rabies Could Provide A New Way To Treat Brain Cancer




Gold Leads Silver

If you’ve followed this blog, you’d know that I often state the following:

"Silver and Gold generally move together in their daily trading, but silver leads gold in its long-term trade."

However, according to my charts, for the last few weeks, this ‘Norm’ has changed.

In last week's blog post, titled ‘Recurring Themes,' I posted the charts below.

precious metals price charts

Charts provided courtesy of TradingView.com

The obvious ‘Recurring Theme’ is the ‘Rising Wedge’ found in each chart.

This week, all the precious metals, except for Gold, are still climbing in price inside their rising wedges.

Note: Last week’s, 'Rising Wedge' - Silver Chart was wrong because it was missing Friday’s (02/11/2017) candlestick, the rising wedge in this week's Silver chart has been corrected. 

As seen in the chart below, gold broke out of its ‘Rising Wedge’ early last week; Gold’s price has since corrected and has since moved sideways with a slight move to the upside.


gold price chart

Gold is leading silver, it is also leading platinum and palladium, but those precious metals often follow their own leader because they are traded and used more for industrial purposes than for investment purposes.

So as we can see in the revised Silver Chart below, silver is about to move slightly above the upper trend-line of the ‘falling expanding wedge,’ but as it follows gold’s tracks, it is expected to consolidate before it continues to follow gold's movement.

silver price chart



The Week Ahead...

As for the week ahead, look for gold to lead silver as to which way we can expect it to move once it breaks its rising wedge.

This week silver will either continue to move up its ‘rising wedge’ or break below it, once it does break it, we can expect it to take a similar path to that of gold.

Platinum looks like it too could break its rising wedge this week or it could continue to trade inside it, time will tell.

Lastly, Palladium has plenty of room to move inside its ‘rising wedge’ so it is expected to continue to test the trend-lines of its ‘rising wedge, ’ but it probably won’t break it this week.

platinum price chart

Charts provided courtesy of TradingView.com




palladium price chart



Have a Great Week.

Thank you for your time & God Bless,

Steve




Thank You for Visiting the Free Bullion Investment Guide

This Guide gives 50% or more of what it earns to those who are Battling Cancer. 

Please Help Us Give by Supporting our Affiliates.

(Every Advertisement on the Guide is from one of our Affiliates)


'Click Here' see all of the prior Blog posts,



www.free-bullion-investment-guide.com



Thank You for Your Time!







Free Bullion Investment Guide




search

   Search the Guide

search engine by freefind


Donate with
PayPal, Debit, or Credit Card



NANO Cancer Awareness Ribbon for the Free Bullion Investment Guide


This Guide Gives Half of its Earnings
to
The Angel of Healing Cancer Research
Fund

Archangel Raphael The Angel of Healing

Who is the
Angel of Healing?

The Archangel Raphael



This Guide's Contributions to those Battling Cancer

$5102.97

Next Ledger Entry 01/15/2018

Last Ledger Entry 12/15/2018


Ledger History Spreadsheet




Time-line of Who this Guide has Sponsored

2012 - 2018












recent guide updates

Homepage Bullion News

updated daily - around 8pm

(except Saturdays)



12/15/2018

Ledger

Updated



12/11/2018


Silver Libertad Mintage Figures

Silver Libertad Mintage Figures

Updated




12/09/2018


gold and silver technical analysis

Silver and Gold's
Price Movement
Depends on
'The Fed'






12/08/2018

All 2019 Australian Bullion Coin Photos / Information Updated

the perth mint



11/27/2018

Ledger / Journal

Entries

by Year

1, 2, 3, 4, 5 &, 6




11/20/2018

Q and A

Q and A with a Pioneer in Medical Science...

Naomi J. Halas Ph.D

Naomi J. Halas Ph.D is one of the pioneering researchers in the field of plasmonics, creating the concept of the “tunable plasmon” by using the Surface Plasmon Resonance of Gold Nanoparticles to create a better way to Treat Cancer.




11/12/2018


gold and silver technical analysis

A Bearish Pattern has Formed in Silver and Gold's Charts





10/16/2018


Gold Nanoparticle Cancer Research Report

Gold Nanoparticle Cancer Research Report
#11

A glimpse into what you'll find in this report:

  • How 'Nano Gold & Iron make MRI's safer and better'
  • What the result was with 'Treating Brain Cancer using a Gold Nanoparticle Nasal Spray'



Discount Shopping page

Discount Shopping page

Updated




Cancer Awareness Gold Nano-Ribbon

Cancer Awareness Information & Resources page