gold trading, silver trading - daily alerts

Market Alert

July 24, 2011, 12:00 PM

Just a quick note to let you know our current thoughts on the market. We have not seen a move lower in silver on Friday. Instead we've seen another move up on volume that was even lower than what we've seen during previous daily rallies.

As mentioned in the latest Premium Update, this is not a bullish action, so even though silver did not decline, thus creating a bearish weekly candlestick, the situation is still not truly bullish. We will let you know as soon as we believe anything changed.

Thank you.

Sincerely,

Przemyslaw Radomski

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