Gold and silver price outlook for swing traders

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alex.shardLegendary
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#1Nov 20, 2019, 11:26 PM
I'm talking about derivatives for gold and silver. After hitting record highs, they took a dive. One silver derivative dropped to $61.24 before bouncing back to nearly $90 just five weeks ago. Currently, it's sitting at $64.71. As for gold, one of its derivatives peaked at $5645, then fell to $4138 about 12 weeks back, but now it's at $4215. What do you all think about jumping in on both right now? I feel like it might be a solid chance to buy and average down, or is there a chance they could dip lower and form a double bottom?
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