As usually, Silver is drawing a more clear picture than Gold.
After a drop to 19.50 support on NFP's day, XagUsd recovered quickly yesterday and managed to close above the high of the previous consolidation.
Now the price is trading in horizontal resistance and a break here could lead to further gains towards the 22 zone.
I'm bullish as long as 19.50 is intact
After a drop to 19.50 support on NFP's day, XagUsd recovered quickly yesterday and managed to close above the high of the previous consolidation.
Now the price is trading in horizontal resistance and a break here could lead to further gains towards the 22 zone.
I'm bullish as long as 19.50 is intact
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