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Gold & Silver Forecast
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Gold & Silver Forecast

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Gold & Silver technical analysis forecast with trade signals and tips. Our report outlines clear and precise trade entry levels with profit targets and stop loss levels across a broad range of prices for the intraday. To gain an edge in the markets, successful professional traders need a daily trading plan and must be aware of important support and resistance levels. We ensure you are fully prepared to maximise profitable trading opportunities throughout each day, minimising your risk, maximising your profits and taking away the element of gambling.



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Gold & Silver Forecast - Spot
Gold we wrote: breakout fooled me last week as we lose 50% of the early May gains. Key resistance at 1288/90. Bulls need prices above here...
We topped exactly here for a sell signal targeting 1277/76 & 1273/72.

Silver held key resistance at 1488/92 allowing shorts to work this week. Target 1458/52 & 1444/42 hit, but missed 1433/30 by 2 points.
Today's Analysis
19 May 2019 Updated at 07:00am GMT
Gold topped exactly at key resistance at 1288/90 to bounce 1.5 points above 1273/72. This is key support today. A bounce targets strong resistance at 1281/82. Shorts need stops above 1285. Next target & resistance at 1288/89 then a good selling opportunity at 1292/93, stop above 1296.

Silver outlook negative & holding below 1444/42 targets 1433/30 & 1423/20.
Gains are likely to be limited with resistance at 1455/58, stop above 1460.
Chart
Technical Analysis Gold _ Silver
Today's Video Analysis
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