GOLD
We saw gold start the week at $1349oz and get up as high as $1369oz finally settling at $1356oz. While the long term signals remain bullish we may see a small pullback in price this week to around the $1345-$1350 area.
SILVER
Silver closed the week at $29.88oz. It started the week in the low $29's and hit as high as $30.25 this week. The last 3 trading days were somewhat quiet. The 6mo silver chart is showing a triple top which may be bearish for the short term. If silver can make a push over the $31oz mark and stay there for a few days we may see a major run to the upside. I would wait to receive some kind of confirmation the first few days this week to see where the market may be trending.
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