Goldfixing Fonderia e laboratorio analisi preziosi

Gold market analysis

It’s been a week lacking relevant events, with technical deadlines on Comex still distant. Looking at the chart it is possible to see bearish head and shoulders that may evolve laterally and then drop on the bullish trend line, where it is spreading on the lows of mid March and May.

This week the quotation of gold may remain unchanged close to the 1250 dollars support, and then descend to 1235 dollars before investors will invest again.

The silver has been trapped since the beginning of the year between 16 and 18.50 dollars, above which it cannot make it big, and is trapped in a congestion triangle, drawing decreasing highs and rising lows, the reason why it should meet a support zone in area 16.40 dollars.

In this perspective every peak forward will become an opportunity to open sales on quantities in storage and maybe pay something in advance of the immediate repayments.

 

19/06/2017 report GoldFixing

News

real-time quotation