Precious Metals profiled

Here are updated charts of Gold and Silver to the ones posted on the weekend.

 

Profile includes today's auction.

 

Mp Gold 2 Precious Metals Profiled

 

Mp Silver 2 Precious Metals ProfiledT

 

The weakness seen in the euro region has had a direct effect  on the commo pack via the Euro.

 

The markets have traded in a large volatile range with Gold forming a DD yesterday.

 

The current profiles are finding acceptance below the value created last week.

 

Weakness is expected to continue is silver as it traded below 62810.

 

Also gold is currently in the lower Distribution of yesterday and weak below 31490.

 

Supports for intra day are at 62070 and 31114.