"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •340 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 1,180.90 | +12.80 | +1.10% |
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WTI Crude •10 mins | 64.50 | -0.08 | -0.12% |
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Gasoline •34 mins | 2.076 | -0.001 | -0.04% |
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Ethanol •340 days | 2.161 | +0.000 | +0.00% |
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Silver •340 days | 30.82 | +1.16 | +3.92% |
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Silver • 340 days | 30.82 | +1.16 | +3.92% | |
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Copper • 340 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 10 mins | 66.39 | -0.08 | -0.12% | |
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Natural Gas • 13 mins | 3.738 | -0.046 | -1.22% | |
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Heating Oil • 12 mins | 2.127 | +0.001 | +0.06% |
An economic slowdown in many…
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Silver is unwinding from oversold conditions, after extending lower from its bearish reversal signal that was triggered by our DeMark™ exhaustion signal on 28th Feb.
The move is still beneath its 200-day average which is currently trading at 34.7625.
Moreover, the break beneath 33.9000 has unlocked sharp setbacks into 30.0000 (psychological level).
The bulls need to push back above the 200-day average to maintain any potential recovery into 37.4750 (29th Feb high).
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