Gold and Silver Trend Alerts | Update: May 22nd, 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 goes below USD 1470/oz (support at 50 DMA (daily moving average)); exponential moving average preferred.

Silver (XAG/USD):
  • All silver positions closed.
  • Stand aside awaiting new entry signal (uptrend) for silver price to close above resistance at 20 DMA (daily moving average)); exponential moving average preferred.


Download the FREE eBook: Currency | Forex Trading for Dummies

FREE online forex education

Comments

Pages

Popular posts from this blog

Top 10 Food Companies by Revenue (2025)

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

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)

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

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

5 Best GPUs for AI Video Generation 2025

Top Pharma ETFs for 2025: The Best Pharmaceutical Investments for Healthcare Growth

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

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