TheRealPeaches
Short

Silver Priced In Euros

OANDA:XAGEUR   Silver/EUR
I'm currently traveling through Europe, doing a tour of Germany, France and Spain. Being the Gold and Silver bug that I am, I like to check the price charts in the currency I'm using.

Even priced in Euros, Silver is painting a deathly head and shoulders pattern, probing critical support. Even in Euros, the measured move projects down to below the 2008 low of 6.77.

I buy physical Gold and Silver more out of habit and as device of money management. But I will continue to hedge any purchases - the picture does not look pretty, even in Euros.
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