About gold and silver investments

For any gold and silver bug it’s agonizing at the moment to re-enact and comprehend the performance of the sprawling equities markets. 

 The possible down targets are too depressing. 

Silver is going to proceed at 31.30 next week.

Silver may dip pretty far below 31.3 as well – the same happened on the occasion of the first test of this angle. But technically 31.3 is expected to resist on closing base, an then a rebound will be due. The dip may go down until 30.04$.

From my point of view in gold the chances are better that the price target of this downswing has been reached already:

But like in silver, since the daily setups are looking absolutely weak there’s the thread that the lows of last week might be tested once again. And if the 1632 are fallen below in gold the way to the next lower correction level will be likely. That means it might go down to  1600.

WANT TO KNOW LONG TERM TREND IN GOLD AND 

SILVER WATCH OUT THIS SPACE AND IF U ARE ABLE 

TO READ BELOW LINES , FIND THE LEVELS !!!!!!!

A) If gold on weekly basis closes under 1600 during the next 2-3 weeks at least the December 2011 lows might be re-tested until June 2012. They are likely to be fallen below in case of this test.

B) The upwards trend that began in December 2011 might be a correction in the downwards trend leading to some new lower lows in the month chart. 1400 and lower are threatening this year in gold, and in silver it’s 21$.

C) The upwards move that began in December 2011 is much too weak to reach the 1900 leastways approximately again, this year. A sideways market with a downwards tendency is threatening for the whole 2012. A monster-consolidation in the entirely long-term upwards trend is looming!