Sunday 1 November 2015

Gold and Silver Update - November 2015

Gold and Silver

Given below are updated charts of Gold and Silver for the period ended October 2015.

Both the precious metals have formed another reversal pattern on their multi-period candlestick charts.

The line charts (INR) with adapted Bollinger Bands of both the precious metals have formed a squeeze indicating and confirming reversal of the trend indicated on the candlestick charts.





Best wishes for the festive season.

Please feel free to seek any clarification.

Contact:
The author can be contacted at riskadvisory@outlook.com

Disclaimer:
These extracts from my trading books are for educational purposes only. Any advice contained therein is provided for the general information of readers and does not have regard to any particular person's investment objectives, financial situation or needs and must not be construed as advice to buy, sell, hold or otherwise deal with any commodities, currencies, securities or other investments. Accordingly, no reader should act on the basis of any information contained therein without first having consulted a suitably qualified financial advisor.

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