Both Silver and Gold have dropped near to an average moving line which could be a support level. Countering that is the Dollar, if it rises it could hold the price down for Gold and Silver. There is plenty of room for the Dollar to rise or fall depending on how the market perceives it.
The Dow chart continues to show downward pressure with the possibility of seeing 16200 again.
Oil has had wild movements, volatility of price on a daily basis is difficult to gauge. So many factors with it which is mostly political. The world is awash with oil though. The powers at be wanted the price at $ 50.00 and we got it but the ride up was manipulated during low volumes hours forcing 3 x shot funds to cover when other markets opened. A short squeeze if you wish to call it that over and over. Not predictable at all.
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