Q: Gold's rally seems to be fading, no?
A: Yes, it seems to be. There is very tough overhead resistance scaled in from $1,360 to $1,400. A test of $1,360 remains possible but it's becoming more and more doubtful. Gold remains in a three-year bear trend that has not yet bottomed. Ditto for silver and for mining shares as well.
So, what is happening to gold today? Up $30/oz. Miners are up, too.
Weiss Research no longer headlines Larry, but Charles Goyette. He recommends silver and silver miners.
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