things may be looking up for gold, let's hope it holds

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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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gwr1

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things may be looking up for gold, let's hope it holds

posted on Apr 16, 2013 01:56PM

Just an observation today and it may mean nothing given what we just witnessed. I note the highest volume peak selling yesterday on the 15 minute chart traded gold down to just under $1360 with the aftermath low around $1321. I note the closing price today for gold was around $1387, this is very substantive reversal above the peak HUGE VOLUME SELLING OF YESTERDAY. I wouldn’t have expected this given that we witnessed a standard deviation move of 8++ yesterday which is off the charts crazy and a true feak of nature.

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