Gold has been bid heavily since last Friday, there remains a firm hand under the market.
Pullbacks are to be expected – 1272.25 remains an important area. We did not see price dip-in to the 1240s – ideally 1246…
Silver has been outperfroming Gold – an excellent sign. The bid under Silver remains extremely strong.
Targets – barring a break of support, are north of 1400 for gold and 20 for silver.