Gold, Silver & Miners Rally To Resistance

Gold, Bars, Wealth, Finance, Gold Bars, Deposit

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Gold closed the week above $2000 at $2003 while Silver closed the week above $24. Silver faces resistance next week at $24.50 and the monthly closing resistance at $25.00. Meanwhile, Gold needs to move higher to confirm the weekly break of $2000.

GDX and GDXJ gained 3% and 3.6% on the week but remain below their 200-day moving averages.

The entire sector will test technical resistance next week.

Video Length: 00:06:35

 


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