FEB GOLD

Resist: 1669.70-1671.80, 1689.60-1692.50*
Supprt: 1650.60, 1644.40-1642.40, 1630.30
Comment: The market is short term bullish with rallies trying to push past 1659.50-1669.50 resistance. A close over 1669.50 could boost rallies to seek a top in the upswing against 1692.50* weekly resistance. If trade stays capped by 1669.50 for another 2-3 days, then be on guard for a reactionary setback. A close under 1630.50 is negative, but only a close under 1614.30* marks a lasting downturn.

MAR SILVER

Resist: 32.00*, 33.22-33.33
Supprt: 31.08-31.03, 30.68, 30.29
Comment: The surge higher on Friday has trade positioned to attack a target/resistance point at 32.00*. A close over 32.00* projects a run to 33.33. If the upswing is blunted against 32.00*, then be alert for near term pullbacks into flagging congestion along 30.95-. A drop under 30.29 is needed to drive selloffs to attack 29.79* for a short term reversing turnover.