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In spite of the positive change of behavior we have seen in gold and silver this past week with strong closes and increased volume - both attributes of buyers in more control than sellers - the weekly trend remains down. While we now see some steps in the right direction - a higher swing high - the market needs to prove itself and once that happens there will be ample opportunities to participate in the paper market.
Read More »Noonan on Gold & Silver: Be Patient – Wait For the Market to Prove Itself
