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Precious Metals Continue to Be Range Bound

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handofzara
@handofzara
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Not much of anything as Gold continues to trade in an ever tightening range.

Same story in Silver.

GDX, the miners, opened with a gap to the upside, and the Bulls pushed GDX fairly close to the upper Bollinger Band before a sell off closing just above the 18 day moving average.

The ranges keep tightening, and from tight ranges come big moves.

Caution continues to be the word of the day.

Peace out and Stack On!