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Watch for Resistance at Upper Bollinger Bands

 

Ira Epstein discusses the current state of the metals market, noting that silver has increased by $1.19, gold is up by 8.6, while copper remains flat, and platinum has decreased. He expresses a long-term bearish outlook on the energy market, highlighting that natural gas might be overextended and could pause. Epstein outlines the upcoming economic events, including the release of the Mortgage Bankers Association's market index, ADP private sector jobs data, and other significant reports such as the JOLTS, factory orders, and ISM data. He also promotes a limited-time 40% discount on his charting course and other services, encouraging viewers to take advantage before the offer ends. Finally, he analyzes gold's chart, indicating a bullish bias despite lacking a consistent pattern of higher highs and lows, and comments on the significant drop in the gold-silver ratio over the past year.

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