woensdag 16 mei 2012

cross at gold and platinum


 

As you can see at the charts above gold and platinum is going up regarding yesterday
also the gold silver ratio is moving between 55 and 58, so silver is now very suppressed.

This can be a temporary bubble or this can be a rally upwards.

also now the yen dollar is dropping for the first time .. so this "is" a sign that gold will go up for the moment but for how long .. will this be a move that is just for today or will this keep on going up ...

but now you can see a good example of the dollar yen exchange and the prize of gold that seems to be linked ..as expected.



The move is now very small but it is now in the charts.. above chart is a little difficult but the dollar moved from 80.5 to 80.3 to the yen just a moment ago.
I will wait until some later today and look how the prize is developing during the day ..
today will ge very interesting to see if the downward move can continue until to Friday.




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