Gold And Silver Daily Forecast – 11 October 2018

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Gold And Silver Daily Forecast - 11 October 2018

Gold & Silver

Gold still in a 2 month sideways trend as we bounce back to resistance at 1194/95. Again this is key to direction. A break higher targets 1197/98 and 1200/01 before important resistance at 1206/08. We know all about this level!!

Failure to beat resistance at 1194/95 tests minor support at 1188/87 then 1184/83. Further losses meet the September low at 1180. A break lower targets 1176.75 and 1172/71.

Silver holding below 1420 targets 1415 before the September low at 1397/90. Minor resistance at 1440 and 1451/53 before a selling opportunity at 1470/75. Stop above 1485.

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