Gold, silver hit the top? Ugly reversal in stocks foreshadowing a bigger drop?

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I wrote on Wednesday morning: “It seems to me that the secondary target of $24.20 in silver would manifest if gold bulls can get over $1905 for the extra $25 up to $1930.”

I wrote on Wednesday morning: “It seems to me that the secondary target of $24.20 in silver would manifest if gold bulls can get over $1905 for the extra $25 up to $1930.”

Again, traders have a chance to make a profit. With Powell on deck this morning, volatility should be expected , and a quick move to $23.75 would not surprise.

 

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