Both Gold and Silver is correcting the latest rallies before one more new high should be seen. As can be seen on the top chart of Gold. For Gold we are now hitting the long term resistance line, which should produce a correction towards the 1,492 - 1,510 area, before the next rally higher.
Silver has been correcting since April 25 and should find its next low in the 41-43 area before its next rally higher towards the 56 area.
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