Summary

Gold and silver are both building strong bottom formations and offer excellent opportunities to go long in stocks, futures or ETFs.

The gold market will probably revert back to the mean on an intermediate- to long-term basis, which projects prices in gold all the way up to $1386 to $1400.

if the market does test support and you get the opportunity to buy gold at $1166 to $1044, you would  buying the bottom of the 18-year cycle.

In silver, $16.76 to $16.54 is the bottom range and silver should move up to the $17.05 to $17.56 levels in the coming week.

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