Gold and Silver lower heading to objectives [Video]

Dale J Pinkert Independent Analyst

Coach discusses gold and silver as they continue moving lower toward their downside objectives. He highlights a falling wedge and a three-drive formation developing in gold while maintaining his long-term view that silver could still reach $50. Dale also compares Micron's recent price action to silver's move toward $120 after a parabolic rally, explaining how both markets are exhibiting similar topping behavior following strong advances.

Author

Dale J Pinkert

Independent Analyst

Former Member of the Chicago Mercantile Exchange (IOM Division), Dale's market forecasts have been aired on Financial Television and Radio station including CNBC.

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