Gold: A Break Below 1298 Targets 1296 And 1291/90

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Gold – Silver Daily Forecast – March 14, 2019

Gold: A Break Below 1298 Targets 1296 And 1291/90

Gold _ Silver

Gold shorts at our selling opportunity at 1310/12 work perfectly as we hit first support at 1303/01 for an 8 point profit already.

A break below 1298 targets 1296 and 1291/90. On further losses look for 1286/85, perhaps as far as 1280/79. A buying opportunity at 1276/74, with stops below 1269.

Holding support at 1303/01 allows recovery to 1305 and 1308 before another selling opportunity at 1310/12 with stops above 1314, Silver topped half way between first resistance at 1545/50 and our selling opportunity at 1560/65, with stops above 1570.

First support at 1515 with strong support at 1505/00, stops below 1495. A break lower is a sell signal targeting 1490 and 1475.

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