Gold Daily And Silver Weekly Charts – Marking The Retracement Levels

“We all suffer for each other, and gain by each other's suffering; for man never stands alone here, though he will stand alone hereafter; but here is he is a social being, and goes forward to his long as one of a large company.” 

John Henry Newman

“Only three things are necessary to make life happy: the blessings of God, books, and a friend.

Jean-Baptiste Henri Lacordaire

“A thing of beauty is a joy for ever: 
Its loveliness increases; it will never 
Pass into nothingness; but still will keep 
A bower quiet for us, and a sleep 
Full of sweet dreams, and health, and quiet breathing.”

John Keats

Gold and silver gave back a little of their recent advances through overhead resistance.

Uncle Buck gained back a little of what it had lost.

US markets will be closed on Monday for President's Day. Please try to carry on without them.

I have marked the simple factor of ten retracement levels on the gold chart, rather than the Fibonacci which ordinarily do for the sake of simplicity. If you know them and use them, you will know where they are.

It is going to be sub zero in much of the Northeastern US this weekend.

Have a happy Valentine's Day, and a very pleasant weekend.

*Click on images to enlarge

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