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Panthera Resources Plc

Gold, Silver Continue To Rally

Gold have rallied now for five days in a row, and there is no sign the rally is going to stop. Silver has followed suit, and both metals look like they will continue to move higher until further notice.

Both gold and silver will find resistance at some point; the only question is where. Looking at the action, expectations are gold should see $1,300 before pulling back and silver $16. These levels would be perfect spots for the metals to take a breath and pull back a little.

 

Panthera Resources Plc (LON:PAT) was incorporated in the UK and Wales in 2017. The company is focused on its gold exploration and development projects in India and West Africa and the optimisation of other mineral projects.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.