APR GOLD

Resist: 1736.70-1741.00, 1750.80, 1766.70
Supprt: 1716.30, 1707.20-1706.30, 1696.50*
Comment: The market remains in a bull trend, but needs to post a close over 1741.00 to rekindle bull forces and motivate rallies to again attack resistance up around 1766.70. A breakout over 1766.70 is needed for fresh bull moves to 1789.50-1799.80. Trade hints for continued flagging congestion and dips into last Thursday’s spike along 1725.30-1716.20. A drop off under 1706.30 calls for harder corrections and close under 1696.50* will send bearish trade to test support back around 1669.00*.


MAR SILVER

Resist: 33.52, 34.05, 34.40-34.50
Supprt: 32.95-, 32.69*, 31.15*
Comment: The market is bullish, but caught in flagging congestion. A close over 34.40 should boost rallies and close over 35.39 is bullish. Be prepared for additional near term corrections, but holding over 32.69*+ another 1-2 days will hint for a turn back to rallies to challenge recent congestion highs. A close under 32.69* signals a multi-day break. A close under 31.15* marks a lasting bear turnover.