GOLD MARKET UPDATE
Pivot: 1344
Our preference: long positions above 1344.00 with targets @ 1361.00 & 1366.00 in extension.
Alternative scenario: below 1344.00 look for further downside with 1338.75 & 1334.00 as targets.
Comment: the RSI is mixed to bullish.
Supports and resistances:
1373 / 1366 / 1361 / 1352.50 (Major) / 1344 / 1338.75 / 1334
SILVER MARKET UPDATE
Pivot: 19.64
Our preference: long positions above 19.64 with targets @ 20.11 & 20.22 in extension.
Alternative scenario: below 19.64 look for further downside with 19.47 & 19.34 as targets.
Comment: the RSI is mixed to bullish.
Supports and resistances:
20.32 / 20.22 / 20.11 / 19.81 (Major) / 19.64 / 19.47 / 19.34
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