Intraday Market Thoughts

Rare Golden Cross in Silver

by Ashraf Laidi
Oct 2, 2012 17:30

Silver is undergoing a Golden Cross, a technical pattern seen only twice since 2007, each of which led to sharp advances. In November 2007, the Golden Cross led to a 61% increase over 5 months.In March 2009, the Golden Cross led to a 291% rise over 25 months. Since 2007, Each of the 6 patterns of Golden and Death Crosses successfully predicted declines and rallies respectively. FULL CHART & ANALYSIS:


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