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We start the week viewing the price of gold higher due to a weak dollar. All eyes are on the FED later this week, as virtually no one expects any news that would affect our markets either way.
Silver sitting just under $ 17 dollars at the time of this report and with a very quiet economic calendar we expect to see some profit taking in the gray metal after the strong rally last week.
So we expect both markets to continue in a tight trading range with a selling bias especially in silver in the next few days.
Author Name: Walter Pehowich
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