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Today’s important trade levels for Gold and Silver [Video]


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Silver hit strong resistance at 5990/6010 but unfortunately overran to 6090 before reversing.

I still think we could hold resistance at 5990/6020 today but shorts need stops above 6100 of course.

A break higher however then sees 6010/5990 act as support for a buy signal targeting 6180/6210 & even 6300 is possible on this move, for profit taking.

However if prices sink from 6000 look for  a downside target of 5950, perhaps as far as 5900/5880 for profit taking.

Silver

Today’s trade ideas

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