The shiny metal chose to hold its horses yesterday after a huge incline before, staying still above the 880 level but its not going to be hard to get down again to the 870s, the metal still has more potential to the upside as technical indicators say, but all markets products are looking for a trigger to move currencies in the right direction.

The trading range is among the key support level at 855 and the key resistance level at 905.00.

The general trend is to the upside as far as 810.00 remains intact; targets are set at 1080.00 and 1170.00.

Join the Discussion