Predicting the reaction in gold and silver to today's US payroll report is difficult as the precious metal trade this week has periodically delinking with key outside market drivers in place over the prior two months.
Recently, the focus of gold and silver has shifted primarily to the dollar with US treasury rates a secondary and inconsistent influence.
Pushed into the market, we favor the bear track with the aggressive blowoff reversal and a follow-through slide in gold and silver prices this week threatening the bull camp...[MORE]
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