Gold & Silver Update |
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Gold has broken through support at 872.45, and is now on its way to re-test it as resistance. If it breaks, then the next likely resistance level is 898.35 If the lower support at 843.69 fails to hold, then the next support levels are 829.30, 811.41, and an eventual target at 773.69 Silver has just bounced up from a major support level at 15.77, created by the intersection of a Fib and its 200 moving average. Next it is on its way to test resistance at 16.62, and if that breaks
Filed under: Futures
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