Gold And Silver Bears Follow Through; Bearish Targets
Jan.20, 2011
Gold (XAU/USD)
- Gold is following through with yesterday’s outlook .
- The RSI is breaking below 30 in the 4H chart, and below 40 in the daily chart. We continue to be in a correction and the 1355 area could turn into resistance after being broken as support.
- A swing projection targets 1323.
- We know of support at the 1330 and 1315 area. Let’s see what kind of price action occurs as the market heads towards these lower pivots.
Silver (XAG/USD)- Silver is also following through with … [visit site to read more] or compare Best Credit Cards and Best CD Rates
Originally from DailyMarkets.com


