What Could Happen to the Metals

I am going to deviate a little today being I did post 3 touts over the week end. I am going to postulate on what could happen if my indicators are correct and there is a rally this coming week. I have already covered gold so I will cover two others in a group session. All work is based upon the daily chart. SIU9 last: 12.665. The D for the move down is ___, I am rounding for ease of typing. For price to rally it would have to go through ___ and then P would be ___. If short I would use a stop at _____. On the way to ____ there should be resistance at ____ and ____. There should be some congestion around the _____ area and maybe a slight retracement. At this time pressure is trying to turn up from an over extended area on the chart. On a longer term chart Price was rejected at PO2 = ___ and this current retracement began from that level. HGU9 last: 221.95 Price has been trying to reach PO2 at ____ and been unsuccessful on the move down. For price to move higher it would have to go through ____ and then P would be ___. Look for resistance at the ____ level. There could be a slight move down to a support area of ___ to ___. On a longer term chart Price met resistance at P=___ and this is a retracement down from that number. Silver is halfway between gold and copper as a fundamental entity. It is both an industrial metal as well as a semi geopolitical barameter. Its value is determined at times by manufacturing demand and at other times it is a reflection of the buying power of the dollar and inflation hedge. ...

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