June 3, 2020 - (Gold Market Wire) - Gold hasn't recovered in the East, and the market has to get a move on quickly, or length should be either scaled back or cut. We haven't had a wash out yet. But the sidelines is looking more attractive by the hour. We can see the challenge right here.

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Easing up is probably the right strategy here. If we get a decisive break, it will be time to hit the sidelines. We are still in profit from the breakout, but this morning's action is not encouraging.

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Silver is no better.

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Bottom Line for Silver: Either we reclaim the gap break out line of $17.91, or its time to close out