Metals resume the slide

With the USD on the climb, and geo-political tensions remaining 'relatively' subdued, the precious metals resumed the broader slide. Gold and Silver saw net weekly declines of -1.45% and -1.55% respectively.


GLD, weekly

SLV, weekly

Summary

Little to add from recent posts.
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Both metals remain very close to breaking the 2013 lows, and it seems just a matter of when....not 'if' those lows are broken under.

Primary downside target remains Gold $1000/900s...before a key multi-year floor is put in.