After additional analysis, here are the stop-loss levels for the speculative long positions that we suggested earlier today:
- Gold: $1,572
- Silver: $28.20
- HUI Index: 352
If these stop-loss levels are hit, we will suggest getting back on the long side of the market if gold moves to $1,550 and silver moves to $27 and HUI at 330.
Thank you.
Sincerely,
Przemyslaw Radomski, CFA
