Buying the Bullion Dips

The following commentary comes from an independent investor or market observer as part of TheStreet’s guest contributor program, which is separate from the company’s news coverage.

NEW YORK (TheLFB-Forex) — The last gold bullion (1530) four-hour chart signal was generated July 5, with a break above 1515 that targeted 1525. That cycle has been completed. Gold generated a sell signal from 1496 on June 30, which targeted 1480 and hit its targets.

The last silver bullion (36.40) four-hour chart signal was generated July 5, with a break above 34.50 that targeted 35.25. That has also completed its cycle. Silver generated a near-term sell signal from 34.50 on June 30, which targeted 3.80 and completed its cycle. …

Buying the Bullion Dips