GOLD MARKET UPDATE
Pivot: 1350.50
Our preference: short positions below 1350.50 with targets @ 1338.00 & 1334.50 in extension.
Alternative scenario: above 1350.50 look for further upside with 1357.30 & 1360.00 as targets.
Comment: technically the RSI is below its neutrality area at 50.
Supports and resistances:
1360 / 1357.30 / 1350.50 / 1342.19 (Major) / 1338 / 1334.50 / 1329.50
SILVER MARKET UPDATE
Pivot: 20.32
Our preference: short positions below 20.32 with targets @ 19.87 & 19.73 in extension.
Alternative scenario: above 20.32 look for further upside with 20.46 & 20.56 as targets.
Comment: technically the RSI is below its neutrality area at 50.
Supports and resistances:
20.56 / 20.46 / 20.32 / 20.09 (Major) / 19.87 / 19.73 / 19.60
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