Gold and Silver hold major support midweek and postpositive patterns. However, the Dollar posts a positive on Friday and creates a major conflict.
Highlights of the week
- Gold holds support Wednesday and posts a positive pattern
- Silver and SLV both go to major monthly support Wednesday and post positive patterns
- Dollar index posts positive pattern Friday
- Eurodollar posts negative pattern Friday
- This causes gold and silver to pullback
- Gold and silver levels change with a rollover