I´m really bullish in Gold and Silver....... and the top form during the year it´s just a pause in the bullish move.
Two different charts and techniques and they show the same scenario in my opinion,
In both cases the charts show an uptrend while the 16.23$ it´s the support.
There are two possible resistence level, one its obvious its the previous high in 19.72$ and the next around the 22$ - 23$ levels.
Time will tell, but when the price moves above the short term downtrend line, it will be the time to buy looking for the upper level of resistence, above 22$ for the next months,
Good Luck and Stops always in the markets
Two different charts and techniques and they show the same scenario in my opinion,
In both cases the charts show an uptrend while the 16.23$ it´s the support.
There are two possible resistence level, one its obvious its the previous high in 19.72$ and the next around the 22$ - 23$ levels.
Time will tell, but when the price moves above the short term downtrend line, it will be the time to buy looking for the upper level of resistence, above 22$ for the next months,
Good Luck and Stops always in the markets