Precious Metals Selling Off

With the return to risk assets we have seen some reduced exposure in precious metals. Silver has been hit quite hard with SLV testing trend line support.

Gold mth is in a distribution. Coppock is above the line but it has turned down. The MACD is crossed down.

Gold weekly could not break the key resistance.

SLV daily silver ETF has again rejected off the key resistance. It is now testing the trend support.

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