TRADING TIPS

What About Gold and Silver?

Hubert Senters here. Had a question from a viewer what I think about Gold and Silver. We’re going to look at Silver first. The ADX is a little low at $16. It is above the cloud and turning and the standard line which means it probably wants to go higher to $30. Be careful with Silver. It is notoriously thin and hard to trade. Let’s take a quick look at the Gold. Gold in my opinion is sideways to slightly lower. So you’ve got Gold and Silver fighting each other. Now, here’s another metal that you may have never traded but you may think about trading. It’s Copper. Now, if you look at that, that chart is very clearly defined as a really good uptrend so I wouldn’t worry about Gold or Silver. I would mainly focus on Copper here with a target of about $4. Good luck. Hope it helps. See you on the next video. Hubert.

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