Gold, silver correct but up-trend intact

Business Standard reports that gold and silver have entered a corrective mode.

The market news is quoted as saying:

Gold for now looks weaker than silver as it’s last week was anaemic. However, the bullish trends for both metals are intact. Given the strong sell offs in both metals watch out for resistance at $29.50 for silver and $1,425 for gold. If these resistance areas are cleared we could see the rally in the metals continue.

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