Last week we published an article where we showed that gold and silver prices had likely bottomed out after their historic 17 straight days of closing lower in the markets. And sure enough since that time gold and silver have been moving steadily up over the past five days.
And as always it took just one political event to spur a solid move higher in the prices of the metals as on May 17 gold opened up over 1.5% to cross back over an important technical level of $1250, and silver regained the $17 level with its own nearly 1% gain.
Gold
Silver
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great, so tired of these manipulated markets, cant wait till it dies!
For best results: Resteem, Upvote, Follow and Comment often! ~ Tijo~
I think last Thursday was the bottoming, so looking for moves towards $1300 and $18 near end of month.
Sounds about right! Glad i been in on cryptos, went outta gold at 1100 and into BTC at 900 Happy I amde that trade over! I dont expect the manipulation to end untill its too late