Gold and Silver Forecast
|Gold _ Silver Spot
Gold bounces back towards our selling opportunity at 1286/88, with stops above 1290. Next target & resistance at 1294/95. Bulls need a break above 1299.
Minor support at 1278/77. Below 1276 is a sell signal targeting 1274 & probably a buying opportunity at 1268/66. Try longs with stops below 1263.
Silver bounces back to 1543 but look for a selling opportunity at 1553/55 with stops above 1560.
Holding below 1545 targets 1530, 1523 perhaps as far as 1518 & 1510/05.
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