Current assessment of the market by Markus Frick of the gold chart clearly shows that we now move to the very important support line between 773 and 778 dollars. Please keep this brands in mind, because it should go with a strong thrust significantly under this brand, I assume, that stop courses could be triggered and thus could have accelerated the downward movement. More supports then run at around 750 dollars and 730 dollars. Brave investors already use these courses to expand gold stocks should be also aware, that the worst must be then still not reached. The breach of which would brand of 753 dollars, the long-term upward trend in risk, which in my opinion would be not bad in the short term, a medium-to long-term break of that mark would mean significantly lower rates. Also in silver, I think that the bottom has not been reached, because here too profits be taken at rising prices immediately, which I think it suggesting that enough sellers at work are.
At this point let me also once again on the development of the dollar and the price of gold. Although the opinions diverge, extent to which the two are coupled together at all, strong, yet I think should you look still on the development of the dollar, if you look at the gold price. In particular, there are inflation fears, repeatedly driving the price of gold and precious metal prices. With a significantly rising dollar is that the currencies are making a comeback and therefore the inflationary risks are significantly reduced speculation meanwhile but rather. Incidentally, this is another point that should be noted in any case because the inflation rate currently corresponds to the real facts it should rather doubtful. Especially in America most experts assume a much higher rate of inflation, as it is currently repeatedly declared unto us.