Gold Daily and Silver Weekly Charts – Instilling Confidence in the Central Banks

Jon Blogosphere, Economy, Fiscal Policies, Gold, Market Commentary, Precious Metals, Silver

Today was just one of those days where the ‘invisible hand’ tries to instill some confidence in the wise and benevolent judgement of the money masters, after a central bank, in this case the ECB, does something very visible and ‘lays an egg’ in doing it.
So after all this today, are you feeling more confident in The Recovery?
The chart formation in gold remains intact, but not activated or nullified as of yet.
There will be the March FOMC meeting next week.
Have a pleasant weekend.

This post was published at Jesses Crossroads Cafe on 11 MARCH 2016.