Video Update

Video: Gold Readies for Monthly & Quarterly Resistance

Gold closed the week just below weekly resistance at $1985. Silver closed the week up 4% to $23.34. Silver faces resistance at $24.50 and $26.00. Should Gold close above $2000 then it would have upside to $2070-$2090 and that should pull Silver close to $26.

Next Friday marks the end of the month and the end of the quarter. A close above $1986 is a monthly all time high while a close above $1953 is a quarterly all time high.

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