Will 2019 bring a change to this trend? A big test is in play!
Gold (NYSEARCA:GLD) since the lows in 2016 has created a series of higher lows, while Silver (NYSEARCA:SLV) may have created a double bottom.
Gold & Silver are currently facing break attempts a (1) and (2). These falling resistance lines have disappointed metals bulls for the past few years.
The direction of Gold and Silver weeks and months from now should be highly influenced by what each does as they are attempting to break above important resistance levels.