daily techncial overview

JUN GOLD
Resist: 1585.40-1596.00
Supprt: 1560.40-1549.00
1* The downside objectives for this formation range from 1523.60 to 1454.50 with a close over 1584.50 needed to negate a bear trading stance.
2* Market is within proximity of this week's projected resistance range of 1607.20-1583.40, which may provide a likely zone for topping action or setbacks.



JUL SILVER
Resist: 2848.00-2880.10
Supprt: 2765.00-2755.00
1* Double Inside Day favors continuation of the previous trend today-tomorrow with a move beyond the range high of 2 days ago (2888.00).
2* The downside objectives for this formation range from 2619.00 to 2458.00 with a close over 2853.00 needed to negate a bear trading stance.
3* Market is within proximity of this week's projected resistance range of 2915.00-2820.00, which may provide a likely zone for topping action or setbacks.