Gold Near Support?
Gold and Silver are getting hit to the downside this morning with jobless claims coming in softer than expected, continuing the downtrend for Gold since the highs from May. The Chinese Yuan weakness has been a major headwind for the Gold market since those May highs, but there is some strong support down near these levels at 1907.9 that the bulls will look to defend. A break and close below here could add more selling and send the market down lower near 1869-1875.
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