Gold And Silver Daily Forecast – 15 October 2018

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Gold And Silver Daily Forecast - 15 October 2018

Gold & Silver

Gold sees profit taking to 1218/17 as predicted & the downside is expected to be limited but try longs at 1212/10 with stops below 1206.

Holding 1217 targets 1221/22 & eventually the 100 day moving average at 1227/28. We should struggle but a break higher targets the 200 week moving average at 1235/36. A good chance of a high for the week!

Silver holding above 1451/53 meets a selling opportunity at 1470/75. Stop above 1485. A break higher targets 1520/25. Below 1450 targets 1420/1415 before the September low at 1397/90.

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