Respect Nature

Wednesday, March 12, 2014

Gold & Silver

Silver and gold are certainly unpaired here: silver seems to be still in the bearish pattern, and even 21.34 signal level was not broken overnight. As long as 21.34 holds we can see 20.55 or as low as 20.1 region before any meaningful bounce.

Above 21.34 higher grey box may be hit in line with the targets mentioned in gold update this AM.

But even this possible bounce may not hit new high (blue count) - pullback to the upside may appear corrective.

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