It appears pre-Brexit levels for gold ($1270) and Silver ($17.50) are being eyed as heavy volume is monkey-hammering precious metals lower…
Gold broke below the 100DMA at $1317 and is heading for $1270 (pre-Brexit) and $1262 200DMA…
Silver also snapped below its 100DMA at $18.81 and is heading for $17.50 pre-Brexit levels and potentially on to $17.18 200DMA…
Gold/Silver has jumped back above 70x.
But some context on the year will help…
via http://ift.tt/2dPiQpZ Tyler Durden