Gold & Silver Update

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Is Gold resuming its downtrend? Gold futures failed to hold on to their bullish momentum, reversing its gains from highs of 1300 levels. Failure to support prices near 1250 levels saw Gold futures decline below the 1250 handle currently trading near 1222. The bearish turnaround in Gold however is as expected; based on our weekly Gold technical analysis as pointed out last week. The current d...

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