Kitco News speaks with Jim Wyckoff,
following continued pressure on gold, to see where he thinks the metal
is headed. “Near-term technical posture of the gold market has
deteriorated significantly,” he says. “The bears are still in firm
technical command of both gold and silver.” Wyckoff also says that
although tensions in the Ukraine have simmered down, there is still
violence there that traders should keep an eye on. Tune in now to hear
his market ratings as well as key levels for both gold and silver. Kitco
News, May 29, 2014.
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