GOLDmcxAPR(m)
Technical Commentary:
SILVERmcxAPR(m)
Technical Commentary:
Technical Levels | |
R3 | 21500/21900 |
R2 | 21052/190/350 |
R1 | 20930/990 |
Pivot | 20880 |
S1 | 20820 |
S2 | 20770/690 |
S3 | 20600/20400 |
Technical Commentary:
On a broad basis 20700/600/400 looks to be possible, but early attempts to evolve into such sell off targeting the same are expected to find the support at 20770. However successive falls below the same would continue the sell off in near term. Meanwhile failure to clear below 20770 may call for a corrective pullback later.
Trends:
Intraday->Down
Near Term->Up
Technical Levels | |
R3 | 57000/60000 |
R2 | 54300/55000 |
R1 | 53400/550 |
Pivot | 53070 |
S1 | 52900/52700 |
S2 | 52400/51700/400 |
S3 | 51000/49800 |
Technical Commentary:
Broad weakness is favourd towards 51800, but is unlikely to evolve into major sell off unless confirmed with consistent sell off below the strong support 51760-650 regions. However inability to clear the region may push prices higher for the day.
Trends:
Intraday->Down
Near Term->Up
