Sunday, October 4, 2015
Gold and Silver (03 Oct 15)
Gold broke pwl and recovered but resisted by weekly Diff RL and TL3. Fri closed with an outside day bar, short term may go higher Next resistance at 1,155.
Potential Resistance 1,155, 1,224 and 1,293
Potential Support 1,104, 1,072 and 995
Silver broke pwl, pwh and TL4, washing some of the weak holder. Inside bar of 14 Sep in weekly chart. Fri closed with an outside day bar, short term may go higher. Next resistance at TL2
Potential Resistance 15.65, 16.15, 16.82 and 17.55
Potential Support 14.60, 14.22 and 12.70