It's worth noting that there's a possibility of a long term decline reversal, specially evident in the case of gold , where the 17 bar downtrend on chart has failed. Trying to take long positions from lower timeframes will be a sound strategy going forward.
I'll update this chart once we can confirm that the downtrends have in fact reversed. For the time being, being cautious, one can profit from daily, 3-day and weekly swings without much problem. Excellent activity and results during this 2016 that just began.
Time at Mode FX
I'm monitoring it closely, finding the right spot to go long will be extremely benefitial.
Silver close to 15, gold near 1190, or 1155.