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the gold silver index is correcting (or continuing lower) to very important levels – 88.69-89.36 or 86 or 84.21. We never know which level is going to hold or not … that being said, our continued outlook is to be bearish the metals from the perspective of Silver and Gold. I am still holding out for one more leg down …
watch these levels on the gold silver index as if they are taking out, then we have a good idea (probably) that Gold and Silver will also move to our long standing lower targets.
keep your powder dry …
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