More Gold & Silver Pain Before The Big Gain
Gold and silver have experienced significant rallies since the lows of last fall, with gold rising from $1650 to over $2,000, while silver rallied from slightly below $18 to over $26, before the recent correction.
Given the magnitude of the rallies, it's not entirely surprising to see a correction. And in today's show, Dave Kranzler of Investment Research Dynamics looks at the recent sell-off, and talks about whether there might be more downside to come before a resumption to the rally.
Dave takes a look at the trading levels on the gold and silver charts, and also integrates some of the macro developments that are currently ongoing to explain why there could still be more downside ahead. Yet he also lays out the case for why he expects a continuation of the rally over the medium term, and the factors that will be driving it.
So with gold and silver down over the past 2 weeks, to find out what might be coming next, click to watch this video now!
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