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Gold has rocketed higher in recent weeks and hit $2000 on Friday before backing off a bit. Gold is overbought which is bullish but in the short term, it likely pauses or corrects. Look for support at $1940 and $1920.

Silver closed last week at $23.50. It faces resistance at $24.50 and $25.50.

Gold-breaking resistance at $2100 will be a major catalyst for Silver, the miners, and juniors. They will not outperform until Gold breaks $2100. Gold is driving the bus for the sector.

Video Length: 00:07:02

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