Both are showing short term positives as price is starting to turn, I'm thinking dead cat bounce and it will take a while to build a real solid base, not that long, but more than a few hours.
Unless this move is op-ex related, but as I showed in last night's daily wrap, the correlation between the $USD and gold/silver hasn't worked for a while, but the last week it has, and the $USD was up big today so I think I'd personally wait unless you are a very nimble and aggressive day trader.
5 years ago
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