Line (1) was important for the Gold & Silver Miners (XAU index), as it went up four fold over a 10-year period. Now a parallel line to this rally looks to be coming into place at (3) in the above chart after a 40% decline in this index.

Support is support until broken and the miners are back at parallel support right now, creating a bullish wick at this key line last week.

Is the Gold/Silver index (XAU) the only place that might be on support in the metals complex?


As you can see, Gold & Silver find themselves on medium term support at this time in the 2-pack above.

Premium & Sector Sentiment Extreme members are attempting to take advantage of this situation in the metals complex with stops below these key support lines.

I will be producing a “NEW” complimentary report on the metals complex by the end of this week, if you would like a copy of this report send an email to [email protected] and in the subject line put “New Report” or click on the box below and we will get your this new research report as soon as its available.


How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past