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- Gold And Silver Prices Are Building Long-Term Support In New Consolidation Zone To Rally Soon
Gold And Silver Prices Are Building Long-Term Support In New Consolidation Zone To Rally Soon
Michael Swanson
July 26, 2026
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Gold, silver, and precious metals have been in a correction now since silver briefly went over $120 an ounce in January. Their drops should be viewed in context of a consolidation phase following an epic two year bull run.
You can see this clearly that this has happened before when you look at a long-term chart of gold.