Lets see what the daily charts are saying. Dojis at the upper end of BB signify a trend change. Hence it is time to book some of the profits in Gold. Wait for things to cool down to add long positions. Gold is in long term BULL MARKET so no shorts in Gold. 
Silver is another story - extremely volatile. So savvy traders either dont trade it or they just trade minisicule proportions of their total capital. Silver made a bearish engulfing pattern on the daily and now profits should be booked on trading positions. 
Conclusion - Trend in both Gold and Silver seems to be changing from upwards to either sideways or down. Selling force will determine the direction of prices. We will wait for the prices to find their equilibrium.
Conclusion - Trend in both Gold and Silver seems to be changing from upwards to either sideways or down. Selling force will determine the direction of prices. We will wait for the prices to find their equilibrium.
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