At least to start today #gold and #silver are tracking positively, partially off a slight downside breakout in the #dollar.
With a range-down move on Friday, the path of least resistance remains down in gold. In retrospect, the silver market shows significantly less liquidation potential than gold.
However, last week, silver ETF holdings saw significant outflows indicating a moderation of investment interest and/or liquidation by "traders" possibly for short-term purposes...[MORE]
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