Gold And Silver: Fundamentally Strong But Technically Stretched
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SchiffGold4.17K FollowersFollow5ShareSavePlay(13min)CommentsSummaryThis analysis attempts to look at different metrics to understand the current momentum in the gold and silver markets.Silver open interest is similar to gold and well below any recent all-time high.GLD and SLV are the two most popular ETFs that track gold and silver.Similar to gold, margin increases have done nothing to dent the price advance.In gold, the new high prices have been accompanied by higher trade volume. matejmo/iStock via Getty Images Technical Analysis of Gold and Silver This analysis attempts to look at different metrics to understand the current momentum in the gold and silver markets. It is meant as an analysis on potential price direction inThis article was written bySchiffGold4.17K FollowersFollowSchiffGold is a full-service, discount precious metals dealer specializing in investment-grade gold and silver bullion. We offer a range of related services, from vault storage partners to physical gold IRAs. Renowned investor Peter Schiff founded SchiffGold in 2010 to provide a trustworthy source of bullion for his brokerage clients. Peter has always advised long-term investment in physical precious metals as an inflation-proof store of value. Unfortunately, he found far too many gold buyers were getting swindled by big companies pushing numismatics at high markups. SchiffGold is his answer — an honest gold dealer that sells only the most liquid bullion products in the world at the lowest possible prices.