Gold & Silver – Keys To Next Week
It appears that yesterday’s correction only carried over into the early morning hours. They both bottomed around 2AM this morning, with Gold reaching around $4310 and Silver $63.50. I don’t see further downside. The keys to next week providing increasingly higher prices, will be when Gold takes out $4450, and Silver exceeds $67. I would love to see those targets reached today, but that is probably asking a bit much. Monday is more likely.
Looks good today. I hope it holds. What happened yesterday didn’t really make sense given the low CPI numbers, so today gold and silver are having a delayed reaction to the upside. I think this is the start of the next upleg to your initial targets.