Metals: Volatility in spades

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Metals: Volatility in spades
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Metals: Volatility in spades

My last words on Friday last week were, “If nothing else, brace for upcoming volatility.” The market delivered in spades Monday morning, with silver making a full $1 pop and dropping in a 3-hour timeframe.

The daily chart of gold below shows the price making yet another high with room for momentum to stretch all the way up. Note that gold printed an all-time high in the Canadian dollar at open last night.

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