Gold Price And Silver Price Forecast – Bullish Consolidations

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The price action for both gold and silver continues to show bullish implications for the establishment of the long-term lows we have been watching for the last several months. What we are seeing now are bullish consolidation patterns, which are very healthy for markets that have had recent strong rises. We are watching several critical support areas for these consolidations, the holding of which would set the precious metals up to begin a trending move to the upside through the later part of this year and into 2017.


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