GOLD MARKET UPDATE
Pivot: 1350.50
Our preference: short positions below 1350.50 with targets @ 1329.50 & 1325.00 in extension.
Alternative scenario: above 1350.50 look for further upside with 1357.00 & 1360.00 as targets.
Comment: technically the RSI is below its neutrality area at 50.
Supports and resistances:
1360 / 1357 / 1350.50 / 1337.75 (Major) / 1329.50 / 1325 / 1319
SILVER MARKET UPDATE
Pivot: 20.27
Our preference: short positions below 20.27 with targets @ 19.72 & 19.60 in extension.
Alternative scenario: above 20.27 look for further upside with 20.49 & 20.60 as targets.
Comment: technically the RSI is below its neutrality area at 50.
Supports and resistances:
20.60 / 20.49 / 20.27 / 19.92 (Major) / 19.72 / 19.60 / 19.47
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