Mid channel doldrums

We're back in the doldrums. It feels even more boring now that I only have gold and silver. There are no shares to watch. Silver is continuing with its pull back, respecting the diagonal resistance line I spoke of yesterday. If it continues on this course I may have a chance to buy a bit more - if I dare. In the mean time it weighs down on my portfolio.

I am showing the Dow chart again today to show how it is stuck at the level of the 200 day moving average having bounced off the 11720 support line. I believe it is working its way along a broad channel between 11520, the top of the previous channel, and 12284, the high reached on Thursday 27th October. That's about 750 points  - not much different from the width of the previous channel. I wonder whether it will take another two months to break out?

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