- Precious metals fail to rally despite the USD weakness we are seeing this session
- Gold is back at $1203 after reaching a high of $1214 in Europe
- An illiquid APAC session saw Gold tumbling from $1204 to $1195 in 10 minutes
- Immediate support should be found there, but the key levels remains $1190
- Price action suggests further losses ahead and the overall bias remains bearish
- Similar PA in Silver, which is trading around $16.22 currently
- 16.00/05 is the pivotal support area now; break below would pave the way for the December low at $15.50
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