GOLD MARKET UPDATE
Pivot: 1338.60
Our preference: long positions above 1338.60 with targets @ 1349.50 & 1356.50 in extension.
Alternative scenario: below 1338.60 look for further downside with 1334.00 & 1329.80 as targets.
Comment: the RSI is supported by a bullish trend line.
Supports and resistances:
1360 / 1356.50 / 1349.50 / 1345.57 (Major) / 1338.60 / 1334 / 1329.80
SILVER MARKET UPDATE
Pivot: 19.65
Our preference: long positions above 19.6500 with targets @ 20.0500 & 20.2700 in extension.
Alternative scenario: below 19.6500 look for further downside with 19.4700 & 19.3300 as targets.
Comment: the RSI is mixed to bullish.
Supports and resistances:
20.48 / 20.27 / 20.05 / 19.84 (Major) / 19.65 / 19.47 / 19.33
National 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.
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