Gold To Target A Selling Opportunity At 1310/12

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Gold – Silver Daily Forecast – March 13, 2019

Gold To Target A Selling Opportunity At 1310/12

Gold _ Silver

Gold beat strong resistance at 1301/03 to target a selling opportunity at 1310/12 with stops above 1315.

First support at 1303/01 but 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.

Silver bounce from 1505/00 holds first resistance at 1545/50 perfectly. We topped exactly here but a break higher targets a 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 & 1475.

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