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Sil is Holding up Very Well

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I have written since some time about the correction in gold and silver. Gold seems to find no current support right now . Gold’s next support Is the 200 ma and then the lower grey trend line.  Silver is already close to the 200 ma. Both show oversold conditions.

The silver miners (sil) on the other side seem to hold up very well. The Bollinger Bands are getting tighter, oversold and this group seems to be the next one to move. Be careful with investments right now. We might have reached the bottom not just yet.


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