Gold
Range: 70700 - 71600
Our Preference: Buy Gold 70710 with SL 70500 for target 71580
Alternative Scenario: Sell Gold 71600 with SL 718000 or target 70800
Gold breakout point will be 70100 or 2297$ in future COMEX Gold
Silver
Range: 88000 - 91000
Our Preference: Sell Silver 90610 for target 89000 with SL 90300
Alternative Scenario: Buy Silver 88850 with back up buy 88250 SL 88000 for target 90600
strong support @ 29.20$ in Silver spot, Silver breakout point will be below 29$ only not before that now.
Our Preference: Buy Silver 88250 for target