Video Update

Video: Comparing Gold & Silver Long-Term Resistance Levels

In this video we compare the long-term resistance levels in Gold and Silver. Gold is in a cleaner position technically as it only has resistance around $2,100 and should break that in the months ahead.

Meanwhile, Silver still has to deal with resistance at $28-$30 and then its all-time high resistance around $50.

Because of this setup, Silver may not outperform Gold when Gold breaks above $2,100. It could occur later. We also show Silver’s performance following Gold’s breakouts in 1978 and 2009. It can help us decipher what occur moving forward.

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