Precious Metals

Gold and Silver on the Edge of a Large Move

All 3 charts are on the edge of a large move.

Gold targeting $1700+, possibly $1800 area.

Silver somewhere in the $20-$22 range, with $24-$28 a possibility.

GDX is playing out a reverse symmetry candle with April 2013, which, if it completes, will take us to at least $37.

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