Can this support suspend the precious metals carnage?

Precious metals investors are not exactly celebrating a merry year end 2017. The dollar strength is heavily weighing on both $XAGUSD and $XAUUSD.

Gold might provide a temporary relieve though as the sucker has crashed down to a support. Possibly $XAUUSD can stage a corrective rallye which would carry investors over into 2017 without further damage?

Happy holidays and new year's celebrations. Let's make 2017 our best trading year ever!



*All ideas presented here are my personal opinions and not investment advice. Take responsibility for your own risks!

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