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TECHS: Gold And Silver Head Lower

PRECIOUS METALS

Gold and Silver start the European morning on a softer note.

  • The yellow metal is through Monday's low of $1882.5 and attention turns to major support at $1863.2, low Aug 12 and the reversal trigger. The outlook remains bearish!
  • Silver has cleared its major support at $23.448, Aug 12 low. The focus shifts to a key trendline support at $22.686, drawn off the Mar 18 low.

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