Gold encountered its 50 DMA and the 50% Fib level then pulled back slightly. Silver encountered its 100 DMA and the 61.8% Fib and pulled back a bit. Currently the odds favor a bit of short term consolidation for gold and silver - just below the 50% and the 61.8% Fibs respectively.Investors & Traders need not worry as I do not expect a pullback to be deep. Shorts, hedgers and those with no gold
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