Powell is about to flap his trap in a few hours. A lot will depend on what he says. It shouldn't. The "Federal" Reserve shouldn't even be there but it is and that is the way it will stay, unfortunately. There is a lot of manipulation lately and TA and FA don't mean a lot in times of high manipulation.
The gold/silver ratio is narrowing and silver, being more volatile than gold, will do the better of the two if the market likes what he says.
If it doesn't, it will probably go down more than gold. I don't know if it's industrial usage will save it. It could but I think it will need to penetrate that potential resistance line before I can get interested in it.
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