advertising banner for bullion vault

Daily Gold/Silver Market Update: Friday, August 26, 2016




Pivot: 1331.50

Our preference: short positions below 1331.50 with targets @ 1315.50 & 1310.00 in extension.

the gold forecast banner

Alternative scenario: above 1331.50 look for further upside with 1340.00 & 1345.00 as targets.

Comment: the upward potential is likely to be limited by the resistance at 1331.50.

Supports and resistances:
1345 / 1340 / 1331.50 / 1323.50 (Major) / 1315.50 / 1310 / 1304.75



Pivot: 18.80

Our preference: short positions below 18.8000 with targets @ 18.2600 & 18.0000 in extension.

Alternative scenario: above 18.8000 look for further upside with 19.1200 & 19.4500 as targets.

Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

Supports and resistances:
19.45 / 19.12 / 18.80 / 18.62 (Major) / 18.26 / 18.00 / 17.85

nbh-logoNational Bullion House serve a wide range of clients: savers, traders and speculators, elite investors, jewellery shops and banks. With a successful track record in managing physical bullion trading activity, NBH specialize in providing the most rewarding investment opportunities in precious metals, with a dominant focus on gold.

Bullion.Directory or anyone involved with Bullion.Directory will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading in precious metals. Bullion.Directory advises you to always consult with a qualified and registered specialist advisor before investing in precious metals.

prize draw details

Leave a Reply

  I accept your GDPR / Data Protection Policies