Market / Metals Update June 19th, 2014

2 years ago
24

The general market seems to be setting up to pull back so I would not be aggressive in buying any long ideas here until the hourly chart set ups change back to a positive outlook.

As far as the metals are concerned, I could believe that around $1,306 the Gold index stalls short-term (only) but if you give it 12, or 24 or 36 months out then around current levels is where you want to buy the 'metals' sector.

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