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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Signs emerge that prices may have bottomed in precious metals

Posted on 13 June 2013

Evidence is growing that the recent downturn in the Canadian materials sector - especially precious metals - has reached its conclusion, points out Dave Harder, analyst with the technical analysis firm Phases & Cycles.
A “double-bottom” - where prices fall, then rise only to dip for a second time - may have formed in gold, silver and precious metals stocks. That tends to foreshadow a more stable recovery where selling has been exhausted………………………………………..Full Article: Source


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