GOLD MARKET UPDATE
Pivot: 1355
Our preference: short positions below 1355.00 with targets @ 1334.00 & 1329.50 in extension.
Alternative scenario: above 1355.00 look for further upside with 1360.00 & 1365.00 as targets.
Comment: technically the RSI is below its neutrality area at 50.
Supports and resistances:
1365 / 1360 / 1355 / 1344.30 (Major) / 1334 / 1329.50 / 1325
SILVER MARKET UPDATE
Pivot: 19.94
Our preference: short positions below 19.94 with targets @ 19.67 & 19.56 in extension.
Alternative scenario: above 19.94 look for further upside with 20.11 & 20.22 as targets.
Comment: the RSI broke below a rising trend line.
Supports and resistances:
20.22 / 20.11 / 19.94 / 19.81 (Major) / 19.67 / 19.56 / 19.47
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