Gold & Silver Biding Their Time
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Gold closed up 1% this week while Silver gained slightly and miners were down. Gold & Silver remain in correction mode.
Gold is outperforming Silver. The key question next week and beyond is if Gold will continue to hold $2300 or not. We discuss support levels should Gold lose $2300.
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Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets. He is also the author of the 2015 book, The Coming Renewal of Gold’s Secular Bull Market which is available for free. TheDailyGold.com was recently named one of the top 50 Investment Blogs by DailyReckoning and WalletHub.
