Gold sees corrective price bounce after recent selling pressure

However, with many economic indicators pointing to the stronger potential for higher inflation creating problems, one major indicator does not: U.S.

In other news, Bitcoin prices fell over 10% after China authorities said banks and payment institutions cannot provide payment services for crypto-currency related transactions.

Prices have dropped well below the key 200-day moving average and are trending lower on the daily chart.

Silver bulls’ next upside price objective is closing July futures prices above solid technical resistance at $27.50 an ounce.

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