Thursday, June 20, 2013

Gold and Silver ~ 20 June 2013

Gold declined below 1300 today and is approaching my main target I gave in April after 1550ish was breached:

Silver is already at the next support level around 19ish:

I think we could see at least a short-term rally at these support levels. The overall trend remains down though as long as we stay below 1350 and 22.