Gold and Silver daily trend alerts: May 31st, 2011

Gold (XAU/USD):
  • Bought (Long) gold at USD 1490/ounce (18th May 2011)
  • Maintain long position for gold.
  • Close position if gold spot price close below USD 1470/oz (support at 50 DMA (daily moving average)); exponential moving average preferred.

Silver (XAG/USD):
  • Bought (Long) silver at USD 37/ounce (27th May 2011)
  • Maintain long position for silver.
  • Close position if silver spot price close below USD 36.5/oz (support at 10 DMA (daily moving average)); exponential moving average preferred.

Comments

Pages

Popular posts from this blog

Top 10 Food Companies by Revenue (2025)

Top 10 Pharmaceutical Companies by Revenue and Market Cap in 2025 (November Edition)

AI Demand Drives SSD & Memory Shortages: Prices Set to Rise for a Decade (2025)

Top XRP ETFs to Watch in 2025: Dominating Holdings, Low Fees, and Performance Insights (December 2025 Update)

Bitcoin Nasdaq Correlation: The Correlation between the Nasdaq index and Cryptocurrencies (2025 Year-End Version)

Top 10 ETF Picks for December 2025: Best Investments for Growth Amid AI Expansion, Defense Realignment, and Fed Policy Shifts

Top 10 Gold and Silver ETF Picks for November 2025: Best Investments for Hedging Amid Inflation, Tariff Adjustments, and Fed Easing

Tech and Innovation ETFs in 2025: Updated Top Picks, Strategies, and Risks (December 2025)

Top Silver ETFs to Watch in 2025: Best Picks for Strong Returns and Low Costs

Top Gold ETFs to Watch in Late 2025: Best Picks for Strong Returns and Low Costs