Friday, July 25, 2014 5:13:21 PM
The gold market showed some modest short-covering action on Friday but given the unrelenting rally in the
Dollar, the bull camp in gold and silver has to think that prices remain vulnerable to more of the same type of
bearish action during the coming week. Reports of slack Chinese and Indian gold demand continue to make the
rounds in the press, and it would seem like some gold producers have seen their output rise and that could leave
the July downtrend in place going into the month of August.
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