December 20, 2016

GOLD Month charts and Trend update

  • Gold month chart shows a possible support line rising from 681 levels through 1046. This support line for this month falls around 1096 for this month.
  • If this line is not held then price may test 1046 levels.
  • 4 Hour chart shows strong trend below 50 Period SMA. No reversal or bounce in sight as price continues to get resist at 50 period SMA
  • SILVER Month Chart

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