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Bulls this week are working to stabilize prices and break the price downtrend that is still in place on the daily chart. However, bears still have the overall near-term technical advantage. prices are a bit weaker in early U.S. trading Friday. Bears have the slight overall near-term technical advantage. The recent pause has produced a “collapse in volatility,” which suggests a bigger price move is on the horizon. Technical odds slightly favor that move being to the downside.
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Source: KitcoNewsNOW - 🏆 13. / 78 Read more »