Gold, monthly, fib levels
Silver, monthly, fib levels
Summary
Suffice to say...the March candle was a clear warning of further downside.
The metals remain within very broad downward trends, the 2013 lows look set to be broken, and the only issue appears to be..when Gold test the big $1000 threshold..not 'if'.
Mid term targets remain...
Gold $1050/950...possibly 900/875..before a new multi-year ramp...to break 2k
Silver 12/10
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