Gold Silver Charting TA 23 Aug 2015

Gold and Silver

Gold
DT
Gold break out of inside day and Diff on Wed, closed off above 1,155 resistance and TL2.  If Gold can hold above 1,155 and TL3 for next few days, it may test 1,224
Potential Resistance  1,224 and 1,293
Potential Support 1,155, 1,072 and 995

Silver
DT
Silver formed a Doji on weekly chart, resisted by TL2.  Outside day is formed on daily and weekly chart, potential of a new trend
Potential Resistance 15.60, 16.68 and 17.55
Potential Support 14.38, 14.22 and 12.70

Sourced with permission from Cillin
http://cillinsg.blogspot.sg/2015/08/gold-and-silver_23.html
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