Are the prices of Gold and Silver going Up or Down?

 Attached are the price charts of Gold in terms of 5 days, 1 month, 6 months, 1 year and 5 years (simply cut and paste from Yahoo finance).

5 days Chart

1 Month Chart

6 Months Chart

1 Year Chart

5 Years Chart

5 Years Chart

So, what is Up or Down?  Assuming you have a very simple rule: using the Highest High and Lowest Low as a guide.  If the current price stays within the top 30% (or 15% or whatever you choose), then it is in Up Trend.  Similarly, same idea goes with the Down Trend, say at bottom 30%.

The next question is - what is your investment/trading time frame perspective?  

Then, you do not have to search high and low for the answer on the internet….  Most of them likely do not know more than you do. They simply give their opinion from their own perspective depends on where they are standing...

Someone says: Whatever goes up, must come down.

Sure. Do you think that the food price is coming down?

Only Gold and Silver are REAL MONEY. While all currencies are stinking over time with the rate respective to the overall strength of the country.

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