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Gold & Silver Receive Bullish Message From Euro, Says Joe Friday

Courtesy of Chris Kimble.

Is the hard-hit Euro about to send a bullish message to Gold, Silver & mining stocks? Looks like it this week!

Metals bulls want to see the Euro head higher to send them a bullish message. For the past 14-months, the Euro has created a series of lower highs and lower lows.

While trending lower, the Euro looks to have created a bullish falling wedge pattern, with the apex of the pattern at falling channel support.

Joe Friday Just The Facts Ma’am; The Euro is breaking above this bullish falling wedge this week at (1), which sends a short-term bullish message to Gold, Silver and the miners!

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