Gold | Silver buyers zone but buyers are…
Gold | Silver buyers zone but buyers are..
We can see buyers are starting coming back, but failing to move up…at one point I don’t blame after get caught in double trap by sellers. Quite normal to have a certain range on consolidation…before the price will restart to move up.
How ever, watch for this range in blue, if sellers break this one, look at Joel Wissing last post on Gold to see what will be the next short target.
For silver…is quite better…but hitting a triple tops on 240min charts.
With silver is more clear to see buyers in…one of the reason will be that, there’s nothing else to go lower, since we are hitting again the last bottom of all time at 19-20/oz price.Look for buyers breaking this triple top, and then it will be more secure to go long on silver.