Precious Metals - Confirmed Breakout

Thursday, November 17, 2005
By Benjamin Train

You can now see a double-top, or triple-top breakout confirmation, on almost every gold and silver mining companies stock price. Also the HUI and metal prices are confirming a firm bull breakout is in progress.

This breakout began November 10, since then, precious metals have signaled confirmation several days in a row.

This mornings London Gold Fix was $400.75 The critical support is $479.4. The next upside target is $489. Silvers' critical support is near $8.00, and near term targeting is at $8.19. Resistance is near $8.09 and $8.14+.

Good luck to all investors in precious metals.