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Gold has a look below $3,943.29 June 30 low
Well, we did warn you and for good reason, because Gold has just now taken out that June 30 low, at $3,943.29 and that has clearly tripped some stops, as the metal fell to $3,937.19. Understandably the fall came as Silver got clattered lower again and fell towards $49.50. The low seen in Silver was set at $49.62.
Well, as few write both are trying to rebound but it remains to be seen, if there will be another push on the downside once the US stock markets reopen in less than 15 minutes from now. Much could depend on how those trade for the final session of the month, but it is still not looking very positive for the Nasdaq 100 and S+P 500 indexes. Gold is right now at $3,944.75
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Gold has a look below $3,943.29 June 30 low
Well, we did warn you and for good reason, because Gold has just now taken out that June 30 low, at $3,943.29 and that has clearly tripped some stops...