Risk On Rules: Gold, Silver Claw Higher On Weaker Dollar
Mike Paulenoff | Sep 22, 2016 01:13PM ET
Gold and silver are pushing up against important resistance zones at $1350 and at $20, which if hurdled and sustained, should trigger upside continuation and acceleration toward a test of their respective July highs.
From a larger perspective, a sustained climb above $1350 and $20 will indicate that the precious metals have entered a new upleg after spending three months in a high-level, bullish digestion pattern.
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